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Home»Business»Abu Dhabi workplace market strengthens with report occupancy, rental development: Report
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Abu Dhabi workplace market strengthens with report occupancy, rental development: Report

VernoNewsBy VernoNewsJuly 30, 2025No Comments2 Mins Read
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Abu Dhabi workplace market strengthens with report occupancy, rental development: Report
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Abu Dhabi’s workplace market recorded sharp rental and occupancy development within the second quarter of 2025 as demand for Grade An area outpaced provide.

In response to Savills’ newest Market in Minutes report, the emirate’s non-oil economic system grew by 6.1 per cent year-on-year within the first quarter of 2025, contributing greater than 56 per cent of complete GDP.

Abu Dhabi workplace market booms

The Central Enterprise District (CBD) noticed a 42 per cent year-on-year improve in rental charges, whereas Outer CBD rents rose 18 per cent. Metropolis Gate Tower and Abu Dhabi World Market (ADGM) recorded annual rental uplifts of 43 per cent and 30 per cent respectively, with ADGM rents starting from AED 2,800 to AED 3,500 per sq. metre per yr.

Stephen Forbes, Head of Abu Dhabi at Savills Center East, stated: “Abu Dhabi continues to draw a various mixture of regional and worldwide occupiers, and the latest growth of ADGM into Al Reem Island has solely amplified that enchantment. As extra world corporations set up a presence within the capital, we’re seeing a transparent shift towards bigger, high-quality areas. Demand stays sturdy, significantly throughout monetary companies, consulting, and tech, an indication of rising enterprise confidence and Abu Dhabi’s rising stature as a world business hub.”

Within the first quarter of 2025, ADGM accomplished its jurisdictional growth to Al Reem Island, including practically 500,000 sq m of workplace house. By the tip of that quarter, the whole variety of operational corporations inside ADGM rose to 2,781, a 43 per cent improve from a yr earlier, whereas monetary companies entities grew by 26 per cent. The workforce on Al Maryah Island expanded by 17 per cent to over 29,000 workers.

Roughly 100,000 sq m of recent workplace house is predicted to be delivered this yr, together with tasks in Masdar Metropolis Sq. and Yas Place. One other 100,000 sq m is deliberate by 2027 from tasks similar to One Maryah Place and Saadiyat Enterprise Park.

Savills expects continued upward stress on prime rents via the rest of 2025.

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