In its 1Q16 review of Abu Dhabi’s real estate markets, JLL noted that rental growth for offices is slowing. In 1Q15, rental growth had been stable. Total office supply increased from 3.2 million square metres in 2014 to 3.3 million square metres in 2015 to 3.4 million square metres in 1Q16. Additional supply is expected to amount to 286,000 square metres through the remainder of this year, with another 41,000 square metres in 2017 and 144,000 in 2018. Hot topics for the office market include the slowing of demand (due to lower oil prices and reduced government spending) and lower completions of Grade A space.

Source : JLL/Mar 2016/Abu Dhabi/OFF