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  • Office Trends – Quarter Four 2020

    Office Trends – Quarter Four 2020

    February 15, 2021

    Prime office rents in Dubai fell by an average of 6.5 % in the year 2020. Nearly a quarter of all office space lies vacant in Dubai.
    Landlords are expected to remain flexible in order to retain and attract occupiers and roll-out …

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  • Residence Trends – Quarter Four  2020

    Residence Trends – Quarter Four 2020

    February 15, 2021

    Apartment and Villa rental rates declined by 14% and 7% on average over 2020. On a positive note, there was no change in villa rents in Q4 2020, with some popular communities recording marginal quarterly increases of 2% to 3%.

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  • Residence Trends – Quarter Three 2020

    Residence Trends – Quarter Three 2020

    November 17, 2020

    Villa rental rates recorded a marginal drop of 2% and apartment rates recorded a drop of 4% over Q3 2020. Further rental declines are anticipated in the next 6-9 months with rental drops slowing down only in Q2 of 2021.

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  • Office Trends – Quarter Three 2020

    Office Trends – Quarter Three 2020

    November 17, 2020

    Office rental rates in Dubai have recorded a quarterly decline of 6%. Commercial Landlords have offered discounts in rental rates and incentives to retain existing tenants and attract new ones. These include flexible lease terms,…

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  • Residence Trends – Quarter Two 2020

    Residence Trends – Quarter Two 2020

    August 27, 2020

    Apartment and villa rental rates in Dubai have recorded a quarterly decline of 4% and 3% respectively. The declining pattern would further prevail due to an expected increase in the volume of additional supply and a sharp drop in…

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  • Office Trends – Quarter Two 2020

    Office Trends – Quarter Two 2020

    August 27, 2020

    Office rental rates in Dubai have recorded a quarterly decline of 5%. There has been a noticeable rise in demand for compact fully furnished / serviced offices for lease, especially in areas with a large amount of strata title…

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