Rents ‘continue to decline’ in DubaiLease rates have continued to decline across Dubai in the last two months irrespective of quality and location, for both residential apartments and commercial units, said a report. Declines are primarily attributed to increasing supply, a More… |
Dubai freezones see steep fall in lease ratesThe declining demand for office space and significant new supply over the last nine months has resulted in a notable drop in lease rates for Dubai’s Freezones, according to a report by CB Richard Ellis. This has created a ripple effec More… |