Episode 43: Commercial Property Market in 2024 | Dubai Real Estate Unplugged

Luke is joined by commercial real estate experts Daniel Craig and Glen Hall as they discuss this rapidly growing sector and its unique trends and challenges. They talk about the pain points that commercial property landlords face, top considerations for businesses looking for a space, challenges faced when trying to find the right property, hot areas to look out for, and (crucially) why Dubai...
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00:00 - Introduction and backgrounds
02:28 - Commercial market in 2024
03:20 - Why is Dubai attracting businesses?
05:14 - Why are landlords picky?
06:21 - Tenants in commercial
09:29 - The problem with Google
10:32 - Why Emaar Square?
12:20 - The appeal of Expo
17:01 - The difference between landlords
18:18 - Are clients concerned with contracts in Dubai?
20:45 - Working from home
25:25 - Which industries and areas dominated the market in 2023?
29:24 - The luxury segment in commercial
31:40 - The introduction of the corporate tax
35:33 - Conclusion