Summary and analysis of Dubai's current retail real estate market conditions.
Insight
Dubai Retail Market Dynamics, Q3 2024
Overall market maintained positive momentum throughout the quarter, supported by healthy tourism levels and a growing population.
Rents for super regional malls increased by 14.9% on an annual basis whilst average rents for regional malls remained steady.
Landlords focused on signing new experienced international brands that can adapt to the local market.