The UAE Real Estate Market – Q1 2020
Read our UAE Real Estate Market – Q1 2020 report for an overview of the office, residential, retail and hospitality sectors in Dubai and Abu Dhabi.
April 27, 2020
With work-from-home in full swing due to the current global pandemic, the UAE’s office sector will be driven by greater emphasis on improving collaboration, productivity and employee wellbeing.
The office market in both Abu Dhabi and Dubai is in the late downturn stage of the cycle, as leasing activity remained sluggish in the first quarter of the year. However, in line with trends witnessed up until the end of 2019, corporate demand is expected to be active for fitted spaces with leases that offer tenants maximum flexibility.
Read our Q1 2020 UAE Real Estate Market report to find out more.