Dubai's booming demand for office space is rapidly surpassing available supply, potentially leading to a shortage of Grade A office space by next year. Increasing Foreign Company Presence As more foreign companies establish regional headquarters in Dubai, landlords and free zones are upgrading older office spaces to meet the growing demand and capitalize on higher rents. Prathyusha Gurrapu, Director...

The Dubai International Financial Centre (DIFC) recently celebrated the groundbreaking ceremony for its latest architectural landmark in the city's financial district. The event marked the commencement of construction on a Dh1.1 billion commercial tower, which is set to enhance the district's office offerings and meet growing demand for Grade A office spaces. Read this also : Ajman Real Estate Hits $523...