Summary and analysis of UAE's current industrial real estate market conditions.
The market is experiencing demand for both specialised facilities, particularly temperature-controlled storage, and flexible warehousing solutions that can adapt to diverse operational needs beyond conventional storage requirements.
Average warehouse rental rates continue to rise across both Abu Dhabi and Dubai, driven by sustained demand. Limited space availability in prime central areas is redirecting occupier interest toward secondary locations, consequently driving up rental rates.
Driven by robust market demand for new industrial supply, developers are actively launching new projects across key locations and achieving notable success in preleasing activities.