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Dubai Warehouse Rents Rise 12.4% as New Leases Fall

Cavendish Maxwell Dubai Retail + Warehouse Market Performance report (Sep 16, 2026): 1H 2026 new retail leases -26.3% YoY; new warehouse contracts -51.8% YoY; retail renewals +1.5%; warehouse renewals +21.6% RECORD; retail rents +4.4% YoY (-0.8% QoQ); warehouse rents +12.4% YoY (every monitored location higher); retail sales +56% volume +176.7% value.