DIFC, Business Bay, Downtown Dubai and TECOM proving to be popular Dubai office locations
Savills Middle East
Latest in Savills Middle East
Artificial intelligence
New UAE tax rule; Dubai announces stormwater infrastructure; UAE approves AI law plan; Mall of the Emirates set for $1.3bn upgrade – 10 things you missed this week
UAE tax rules, Dubai storm infrastructure, AI to create laws, real estate buying tips and more top news stories this week
HNWI
Dubai and Abu Dhabi named world’s best cities for HNWI relocations thanks to tax rules and quality of life
Dubai and Abu Dhabi top global ranking of places to relocate for high-net-worth-individuals
Abu Dhabi office market
Abu Dhabi commercial real estate thrives amid new free zone rules; some office rents up 14%
Abu Dhabi sees spike in office and industrial real estate rents
Dubai real estate
Dubai residential real estate volume up 47% last year with one zone accounting for over half of transactions
Dubai real estate saw massive increase last year on back of a surge in off-plan property sales
saudi real estate
Real estate experts expect MENA market to flourish and global investments to pass $1tn next year
Savills real estate analysis points to a positive year for global real estate and specific growth in MENA region
Dubai office market
Dubai commercial real estate market thrives as 24,000 new businesses registered in H1, best-performing areas for office rents revealed
Dubai Grade A office rents up by an average of 25 per cent, with one neighbourhood seeing 44 per cent hikes
Abu Dhabi
Dubai and Abu Dhabi best cities in world for ‘executive nomads’ as visa support, air connectivity and climate attract remote workers
Dubai and Abu Dhabi top Savills Executive Nomad Index as UAE ranked world’s best cities for long-term remote workers
Branded residences
Dubai leads world in branded residences with projects to double by 2030
Dubai is a global hotspot for branded residences as hotels and luxury brands woo real estate investors
DIFC FinTech Hive
Dubai’s office market remains strong on government support, economic recovery
Certain submarkets, such as the Dubai Design District (D3) and One Central, have recorded an increase in rental values by 1.5% to 3.0% quarter-on-quarter