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Published on 06/18/2025

Dubai Office Market Surges in Q1 2025 with $762M in Sales, Led by Off-Plan Boom

Rising demand, limited supply, and flexible investment options fuel rapid growth across Dubai's commercial hubs

Dubai’s commercial property sector is off to a powerful start in 2025, with office sales reaching $762 million (AED 2.8 billion) in the first quarter alone marking an 83% increase year-on-year. A major contributor to this surge is the explosive growth in off-plan office transactions, which jumped by 741%, accounting for nearly one-fifth of all office sales.

This sharp rise reflects growing confidence among investors and businesses in Dubai’s long-term commercial potential. Developers are responding with attractive pricing and flexible payment plans, driving activity in both freehold and off-plan segments.

Property prices also climbed, with the average rate hitting AED 1,650 per sq ft, up 24.5% from the previous year. Rents have followed suit, averaging AED 160 per sq ft, amid a tight supply of premium office space in key locations.

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Top-performing areas include Downtown Dubai, DIFC, and Barsha Heights, which saw price increases of up to 40%. Business Bay led in transaction volume, followed by JLT, Motor City, and Dubai Silicon Oasis.

Real estate experts credit the strong momentum to increased company registrations, investor appetite for long-term value, and the growing shift from leasing to owning office space in Dubai.