- Approximately 900 office sales were recorded in Q1 2025, marking a 23.7% year-on-year increase. Total sales value surged to AED 2.8 billion, an 83.1% annual rise, driven by demand for both ready and off-plan units.
- Off-plan transactions accounted for 18.9% of total sales, more than doubling their share from Q1 2024 (8.1%). This reflects growing buyer confidence in Dubai’s future office pipeline and appetite for flexible payment options and potential returns.
- Office sale prices rose 6.5% quarter-on-quarter and 24.5% year-on-year. Rental rates increased 6.7% quarterly and 24.0% annually, supported by limited Grade A availability. Downtown Dubai and DIFC led rental growth, up 39.6% and 38.9% respectively.
- Dubai welcomed 53 new international firms in Q1 2025, a 39% increase year-on-year, including 11 multinationals (+120%) and 42 SMEs (+27%). The Dubai Chamber also supported 28 local firms in overseas expansion, reinforcing the city’s global business appeal.
- Office sales were concentrated in Business Bay (316 transactions), Jumeirah Lakes Towers (222), and Motor City (130). Nearly 90% of transactions involved office units under 2,000 sq. ft, highlighting demand for mid-sized commercial spaces.
- Dubai’s office stock reached 9.29 million sqm of GLA by Q1 2025. An additional 215,000 sqm is expected by year-end, but supply remains constrained. High occupancy rates and pre-leasing activity continue to limit immediate availability.
