UAE's workspace occupancy mid-range
The UAE leads the flexible workspace market in the Middle East and Africa, with occupancy rates ranging from 75% to 85% in Dubai and 70% to 85% in Abu Dhabi. The market is focusing on diversifying options and meeting new work requirements resulting from artificial intelligence and changing working models. Dubai has the largest inventory of spaces, exceeding 1.2 million square feet, with high occupancy rates and growing confidence from operators. Meanwhile, Abu Dhabi is experiencing rapid growth in supply, with occupancy rates between 70% and 85%, and a high demand for new commercial spaces as it moves towards a broader ecosystem and aims to become a unique financial hub. The report highlights the importance of flexible spaces as a sustainable corporate strategy, emphasizing the enhancement of technologies and services to ensure market viability and competitiveness.
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