In its Global Market Perspective report for Q315, Jones Lang LaSalle (JLL) notes that the notional capital values of prime office buildings in Dubai have risen by 2.3% over the last year. The prime yield is 7.5%. Over the last year, rents have risen by 2.3%. The vacancy rate is currently 21.0%. Taking into account completions of new projects prior to the end of 2016, the supply pipeline is 14.0% of current stock. JLL considers that conditions will likely favour tenants in 2016.

Source : November 2015/JLL/Dubai/OFF