Office rental increase in Dubai and Abu Dhabi

Prime office rentals in Dubai and Abu Dhabi grew 29 per cent and 30 per cent respectively year on year in 2008.

As Abu Dhabi's market remains under-supplied across all property sectors, it essentially offers an environment conducive to continued growth. The year ahead offers an opportune time for government to lay-down the much awaited property regulations befitting for a mature market. This should not only push the appeal of the market but also put Abu Dhabi in a competitive stance internationally, Arlene Isito Jimenea, Research Analyst, CBRE Middle East said in a report "Property insight from Abu Dhabi – Q4” market review.