With substantial improvements, DMCC to Expand Real Estate and Business Operations in H1 2024, the Dubai Multi Commodities Centre (DMCC) today supports about 25,000 enterprises in its business district. This follows the addition of 1,023 new businesses in the first half of 2024. In addition to increasing its proportion of foreign direct investment (FDI) to 15% from 11% the previous year, DMCC has raised...

Dubai is experiencing an unprecedented surge in demand for prime office space, significantly outstripping the available supply. This trend is driven by the influx of international investors and multinational corporations seeking to establish or expand their presence in the emirate. Rising Demand and Limited Supply The demand for Grade A office space in Dubai has skyrocketed, with occupancy rates in prime...