2022-04-13-莱坊-Abu_Dhabi_Office_Market_Review_Spring_2022_7页_2mb

Abu Dhabi's office market shows strong rental resilience, with prime rents in the Corniche Area rising 7.2% year-over-year to AED 1,675 psm, supported by economic recovery factors like a 6.3% GDP growth projection and high employment increases post-COVID. Despite stable demand averaging around 17,600 sqm, demand rose 5% in Q4 2021, driven by sectors like health services and technology. The outlook suggests the market is near a cycle bottom, with potential rent hikes if new demand rises, as vacancy remains low and no significant new stock is expected.