Dubai witnesses rise in industrial rents: report
30/07/2014 4:48 pm EDT


share with your network:




According to global real estate consultancy, Knight Frank, industrial rents in Dubai saw a 25% year-on-year rise in the second quarter, while rental values across seven out of nine districts have recorded double digit growth, Gulf News has reported. Class 2 buildings in Dubai Investment Park (47%), Jebel Ali (39%) and Ras Al Khor (36%) all saw double digit rental growth in the April to June period, according to Knight Frank. Meanwhile, Class 1 buildings in Dubai Investment Park, Jebel Ali Free Zone (Jafza) and Al Quoz recorded rental growth of 29%, 12% and 9%, respectively, the report said.

About the Author



share with your network:


Share your view



© 1996-2015 Media quest FZ LLC A media and entertainment company
Middle East Main Office
[email protected]
© 2015 Dubai Business | Ameinfo . All rights Reserved.