As demand for a conscious living is on the rise, sustainable development is a growing trend in the United Arab Emirates (UAE). With almost 90% expatriate population, many prefer green, sustainable, quality housing.
Similarly to office market (pls see our article 2025 Update Part 1), vacancies are plummeting also on the retail market. Abu Dhabi retail vacancy fell to 9% in 3Q, down 5% year-to-year, while Dubai’s dropped to 6.8%, a 2.2% annual decrease.
In 3Q 2025 the new supply remains limited across the UAE for both, office and retail markets, thus pushing both demand and rents up, according to JLL 3Q Office Market Dynamics Report.
Dubai rental market is one of the strongest in the world in comparison to cities like London, New York or Singapore.
In 2024, Abu Dhabi’s residential property market experienced notable growth, driven by heightened demand and a shortage of available supply.
Dubai's real estate sector achieved yet another landmark last week with an impressive 3.7 billion USD in property sales within a single week.
While Dubai and Abu Dhabi are the emirates most talked about for their strong real estate appeal, in recent years Ras Al Khaimah (RAK) has also got into the limelight.
The new trend is sustainable housing and sustainable real estate projects align with the Dubai Quality of Life Strategy 2033 which aims to enhance socio-economic development while prioritizing environmental sustainability.
What is the cause of today's property boom in Dubai? While Dubai has been always attractive place to invest in real estates, two factors recently increased that appeal: 1/ successful handling of Covid-19 and 2/ influx of Russians due to the war in Ukraine.
