22.11.2010 - Dubai office rents to fall by up to 20pct in 2011
From Arabianbusiness.com: Continued oversupply of office space in Dubai will see rents fall by as much as 20 percent in 2011, according to the latest research from Jones Lang LaSalle (JLL). In its Real Estate Outlook for 2011, the consultancy predicted that both capital and rental values for Dubai commercial property would decline by between 10 and 20 percent, putting the emirate at the bottom of a survey of the world’s most important business cities..............................................Full Article: Source
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