Friday 26 April 2024
 
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Jones Lang

Dubai office vacancies may hit 50pc: report

Dubai's office vacancy levels will rise to more than 50 percent in some areas and the emirate should mothball or demolish buildings to try and limit over-supply, Jones Lang LaSalle said in a report on Sunday. 'Vacancies will contin

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Dubai house prices 'likely to extend fall'

Oversupply in Dubai's once-booming property sector will continue to send prices lower in the short term, Jones Lang LaSalle said on Sunday. "The oversupply situation is likely to get worse before it gets better in some sectors and this wil

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