Summary and analysis of the UAE's current retail real estate market conditions.
Insight
UAE Retail Market Dynamics, Q2 2024
Robust demand from the Fashion and F&B segments stimulated an increase in rental rates across super regional and regional malls.
Retailers encountered challenges in securing prime retail spaces, facing intense competition from other brands vying for the same locations.
As market activity intensified, rental rates surged, prompting landlords to enforce stricter lease terms with tenants.