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Dubai office prices, rents jump by 24% in first 3 months of 2025
Khaleej Times
|June 05, 2025
Dubai’s office market will remain landlord-driven due to limited availability and sustained demand.
According to analysts at Cavendish Maxwell, the shortage of Grade A office space is driving spillover demand, pushing prices higher in Grade B and C segments.
“Office sales prices rose 24.5 per cent year-on-year, while rental rates increased by 24 per cent, fuelled by limited availability and sustained demand, especially in Grade A accommodations. Additionally, ongoing shortages of Grade A space are driving spillover demand, pushing prices higher in the Grade B and C segments,” analysts said in the first quarter report.
Dubai’s office market maintained strong momentum in the first quarter of 2025 as the Dubai International Chamber reported a 39 per cent year-on-year increase in new foreign company registrations, including 11 multinational corporations and 42 SMEs.
This story is from the June 05, 2025 edition of Khaleej Times.
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