Research

The UAE Real Estate Market - Q3 2020

Read our UAE Real Estate Market - Q3 2020 report for an overview of the office, residential, retail and hospitality sectors in Dubai and Abu Dhabi.

October 18, 2020

Sectors across the UAE’s property market continue to be tenant-friendly in the third quarter of 2020.

The retail sector, across Dubai and Abu Dhabi, witnessed an increase in revenue share based agreements, allowing retailers to minimize risk on capital expenditure. Although the reopening of malls has brought a gradual recovery in sales, compared to the last quarter, consumers continue to focus on essential goods rather than leisure items when it comes to spending. In order to sustain businesses within the fast-changing market, retailers have been engaging with landlords in restructuring deals and demanding additional rent free-periods.

Read our Q3 2020 UAE Real Estate Market report to find out more. 

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