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Dubai Real Estate Market Review 29-May-2024
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Dubai Real Estate Market Review 29-May-2024

The project features 10,000 residential units, 1,500 hotel rooms, gardens, pedestrian streets, a rooftop waterpark, and AI-enhanced retail. In Q1, Abu Dhabi rents rose 14.7% and Dubai 10.5%.

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Dubai Real Estate Report
May 29, 2024
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Dubai Real Estate Market Review 29-May-2024
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Dubai, Abu Dhabi retail rents surge in double digits

Retail rents in Dubai and Abu Dhabi surged due to high demand and limited quality stock. In Q1, Abu Dhabi rents rose 14.7% and Dubai 10.5%. Foreign retail brands and the food and beverage sector drive demand, especially in core locations. The supply-demand imbalance boosts rents but limits new market a…

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