A report by the Royal Institution of Chartered Surveyors in the United Kingdom confirmed that there is a strong demand for real estate in Dubai, especially commercial real estate, explaining that this has led to further growth in rents.
The report stated that the occupancy rate in the office sector in Dubai is 93%, which is a significantly high percentage, and it increases even more in the free zone in the Dubai International Financial Center to 97%. And office rent in Dubai will continue to rise due to population growth and increased foreign direct investment, which are some of the factors that will push the market higher. It also noted that there is still great demand for most types of real estate.