Office Sales in Dubai Surge to Highest Level in Years

Dubai's office market experienced its most robust performance in over a decade during 2025, with sales values soaring to Dh13.1 billion, more than doubling the previous year's figures. This surge was fueled by strong demand from investors and businesses seeking high-quality office space, coupled with a limited supply of premium properties. Transaction volumes also increased significantly, rising by 53% to approximately 4,600 deals throughout the year.

The market's positive trajectory led to substantial price and rental growth. Office sales prices averaged Dh1,951 per square foot, a 26% increase year-over-year, while citywide rents rose by an average of 23%, with prime locations experiencing increases exceeding 30%. This heightened demand, combined with a constrained new supply, particularly in central business districts, tightened occupancy levels. Off-plan office activity saw a remarkable surge, with sales increasing nearly sevenfold, representing 35% of all transactions, driven by competitive pricing and flexible payment plans.

New office space deliveries were limited, with only about 87,000 square meters added in 2025, less than half of the initial projections. This constraint is expected to persist, supporting prices and rental growth in the near term. Key locations like Business Bay and Jumeirah Lakes Towers saw the highest number of ready office transactions, while Motor City led the off-plan segment. Prime areas such as DIFC and Downtown Dubai witnessed the steepest rental increases due to limited availability and strong demand for central locations.