Press Releases

May 29, 2020

Quarterly Report Dubai Q1 2020: Residential Market Overview

The outbreak of the COVID-19 has impacted demand while the increase in supply remains consistent Residential transactions were not significantly affected by the outbreak of COVID-19 in Q1. The registered no. of residential sales was 9,591 (off-plan and ready units), a 13.5% increase compared to the same period 2019 (8,454). This can be explained in […] Continue reading →

May 29, 2020

Quarterly Report Dubai Q1 2020: Office Market Overview

Unprecedented market conditions to add more challenges for both occupiers and landlords The outbreak of COVID-19 pushed government authorities to impose restrictions on individuals’ movement, which has affected most business activities. All office-based activities, including companies working in the professional services sector, have now implemented a ‘work-from-home’ strategy. Local authorities introduced measures that will offer […] Continue reading →

May 19, 2020

Google, Microsoft data centre projects to boost Qatar’s IT sector: Cushman & Wakefield

The proposed data centre projects by Google Cloud and Microsoft Azure under the Qatar Free Zones Authority (QFZA) will not only allow the public sector and private companies, especially financial services to become more efficient compared to their global peers, but will also boost Qatar’s IT sector. The high-profile move which is expected to further […] Continue reading →

May 19, 2020

‘Residential realty sector active despite Covid-19 restrictions’

The residential real estate sector is still active despite Covid-19 restrictions, according to Cushman and Wakefield Qatar (C&W). “Despite the challenges faced due to Covid-19, residential leases continued to expire, with renewals and re-locations driving activity,” C&W said, adding some residential occupiers are using this time to take advantage of the recent fall in rents […] Continue reading →

May 18, 2020

Quarterly Report Qatar Q1 2020: Retail Market Overview

Many landlords extend rent relief to their tenants as retail outlets are forced to close On March 15th, the Ministry of Commerce and Industry ordered retail malls to close, with only supermarkets and pharmacies allowed to remain open. Regulations for restaurants, cafés, and standalone shops have been gradually tightening and refining since then, with some […] Continue reading →