![The Almas tower, right, stands above other skyscrapers at the Jumeirah Lake Towers development in Dubai, United Arab Emirates, on Sunday, Dec. 11, 2011. Dubai and its state-owned non-financial companies have $101.5 billion of outstanding debt and may need further financial support to meet those obligations, Moody's said. Photographer: Gabriela Maj/Bloomberg](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/NWEAVQIYNF357M4CYKGOIAI4HI.jpg?smart=true&auth=0efcda59e89720d7b126acb36a32090b9be37510fd688a6040499d0c340d63d3&width=400&height=225)
Average office rents in Dubai and Abu Dhabi dropped more than 7 per cent during the first quarter, according to Knight Frank report. Bloomberg
Average office rents in Dubai and Abu Dhabi dropped more than 7 per cent during the first quarter, according to Knight Frank report. Bloomberg
Office markets in Dubai and Abu Dhabi remain favourable as rents fall
Average office rents in Dubai and Abu Dhabi dropped more than 7% in first quarter, Knight Frank says