bu Dhabi and Dubai no longer feature among the world's 10 most expensive office markets, according to a Knight Frank report.
Abu Dhabi has moved from sixth to 13th on the property company's list of the most expensive markets last year, while Dubai now occupies 12th place after ranking seventh in 2009. Lagos, Nigeria and Geneva are among the markets above the UAE cities.
London has replaced Tokyo as the most expensive office market in the world. The two markets switched spots at the top of the list from 2009, with London offices now averaging €1,067.9 (Dh5,830) per square metre, compared with €1,051 per sq metre for an office in the Japanese capital. In contrast, Dubai rents are now €550.8 per sq metre, while Abu Dhabi's are €513.1.
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