Riyadh is experiencing significant growth in its commercial real estate sector, with rents for Grade A office spaces reaching SR2,700 ($719.95) per square meter by the end of March, according to a recent analysis. This marks a remarkable annual increase of 23 percent, driven by successful government initiatives, including the regional headquarters program. The Real...
Tag: commercial real estate
Tech Adoption Transforming Dubai’s Real Estate Industry
The real estate industry in Dubai has been significantly transformed by technology adoption over the past few years. Building Management Systems (BMS), which were once expensive and underused, have evolved from being rigid and reliant on service vendors. These systems previously offered limited real-time insights for facility managers and technicians, but BMS alone could not...
Step Dubai 2025 Set to Host Over 8,000 Attendees in February
Step Dubai 2025, the leading technology event in the MENA region, is set to take place on February 19-20, 2025. This marks the 13th edition of the event, which is organized in partnership with Dubai Internet City. The event is expected to attract more than 8,000 attendees, showcase 200 speakers, and feature a significant presence...
Dubai Office Market to Experience Supply Shortage Until 2027-2028
The Dubai office market, recognized for having some of the highest occupancy rates in the world, is projected to experience a significant supply shortage until 2027-2028, according to real estate consultants. According to Khaleej Times, new office supply is expected to double in 2025 compared to 2024, increasing by 1.66 million square feet. Despite this...



