Dubai's retail sector is witnessing a rise in annual rental rates, which has hit $1,800 per sq. m., according to a report by Global Investment House, a Kuwait based investment company and information partner of REIDIN.com, the world's first and leading global online information services provider. The report further revealed that there is an impending oversupply in retail spaces in the emirate, which is set to push rental rates downwards in the coming years. With aims of providing up-to-date information on the dynamic retail property sector, REIDIN.com offers “RETAILFocus”, a product that leverages extensive and interlinked database on retail real estate markets for the benefit of buyers, investors and stakeholders.
