Research

Abu Dhabi Office Market Dynamics, Q3 2024

Summary and analysis of Abu Dhabi's current office real estate market conditions.

November 13, 2024

Contributors:

Faraz Ahmed
Muhammad Aijaz
Taimur Khan

The elevated levels of demand witnessed within Abu Dhabi continue to support growth in rental rates, with average office rents registering a year-on-year increase of 10.8% in Q3 2024.

The capital’s occupier market is poised for further growth over the upcoming period, owing to the prevailing market fundamentals vis-à-vis the lack of vacant stock and growing demand.

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