Research

Dubai Retail Market Dynamics, Q3 2024

Summary and analysis of Dubai's current retail real estate market conditions.

November 18, 2024
Contributors:
  • Faraz Ahmed
  • Muhammad Aijaz
  • Taimur Khan

Overall market maintained positive momentum throughout the quarter, supported by healthy tourism levels and a growing population.

Rents for super regional malls increased by 14.9% on an annual basis whilst average rents for regional malls remained steady.

Landlords focused on signing new experienced international brands that can adapt to the local market.

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