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The Economic Times
The Economic Times
World

Dubai property market enters selective phase as demand shifts; industrial, retail lead: Report

Dubai’s real estate market is entering a more selective phase, with industrial and retail properties continuing to outperform while office and residential activity becomes more measured, according to Chestertons Global’s Q2 2026 Dubai Real Estate Market Report.

Industrial rents across key Dubai logistics corridors rose 23.3% year on year in the second quarter, while retail rents increased 18.3%. Office leasing volumes grew 15.2%, but businesses increasingly opted for smaller spaces. In residential real estate, villas and townhouses continued to outperform apartments even as overall transaction activity slowed.

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