According to CRC Property's Q3 2025 Market Report, the office market drove the expansion, with sales reaching Dh3.1 billion across 1,153 units. This represents an astounding 93% year-over-year surge and an 18% quarterly increase.

Corporate relocations and regional business expansions were the main drivers of the 19% quarterly and 45% annual increase in office transactions. Recent findings from CBRE and Knight Frank show Dubai's office vacancy rates at their lowest level in over a decade, particularly for premium towers in free zones where multinational firms are expanding their Middle East headquarters.

Business Bay led with 328 transactions, followed by Jumeirah Lakes Towers with 277, Majan with 112, Jumeirah Village Circle with 110, and Barsha Heights with 71.

JLT area manager at CRC Property said. "With vacancy at historic lows, limited premium supply coupled with strong corporate demand continues pushing rents and capital values upward across key free zones."

Office and retail projects accounted for Dh1.86 billion over 640 sales, while off-plan commercial transactions totaled Dh2.4 billion across 1,101 deals. By 2027, an estimated 680,000 square meters of new office space will be needed, and Business Bay, Motor City, and Dubai South will be well-positioned to handle this expansion.

The retail sector recovered well, growing 95% from quarter to quarter and 55% from year to year, with transaction values rising to Dh1.15 billion across 437 deals. Over 12.4 million foreign visitors visited Dubai in the first nine months of 2025, which fueled demand for retail and hospitality-related real estate.

In Q3, the average selling price of secondary office space was Dh1,685 per square foot, which was the highest level in over ten years and up 19% year over year. In the commercial sector, buyer leads increased 47% annually.

The momentum was attributed by real estate consultant V.S. Bijukumar to Dubai's low tax regime, high inflows of high-net-worth individuals, solid macroeconomic foundations, and free-zone expansions.

According to Bijukumar, "Dubai's commercial real estate sector looks poised to extend its strong performance into 2026, supported by limited high-quality supply and ongoing investor confidence," as multinational corporations consolidate operations in stable hubs.