In the first half of 2025, Dubai’s office sector experienced a significant uptick in both sales value and transaction count, as investors showed growing interest in environmentally responsible assets and contemporary, premium office environments.
A recent Cavendish Maxwell report reveals that office sales jumped 84% year-on-year to AED 5.4 billion across approximately 1,900 transactions, representing the busiest first half of any year since 2014.
Transaction volumes increased by 22% compared to the same timeframe in the previous year, highlighting strong demand across both prime office and logistics sectors.
Between January and June, Dubai introduced 34,000 sqm of new office space, raising the total gross leasable area (GLA) to 9.32 million sqm. The report anticipates a further 110,000 sqm of new supply by year-end and projects a total of 340,000 sqm in 2026. By 2028, the office market’s GLA is expected to reach approximately 10.85 million sqm.
Vidhi Shah, Director and Head of Commercial Valuation at Cavendish Maxwell, noted that Dubai’s investment climate remains vibrant, reinforcing its standing as the UAE’s foremost economic powerhouse and a global business hub. In the first half of the year, Dubai drew over 500 new FDI projects, securing more than AED 11 billion in capital inflows, and DIFC saw over 1,080 new business registrations, a 32% year-on-year increase.
She added that buoyed by solid government support and sustained investor trust, Dubai’s office market is delivering exceptional results, breaking records in both sales volumes and values. This trajectory is likely to continue, as upcoming new supply enhances market resilience and provides greater options for buyers and tenants.
Office sale prices climbed 22.2% year-on-year to AED 1,748 per square foot, while average rents surged 26.4%, with nearly 35% increases seen in prime areas. Compared to the second half of 2024, sale prices rose by about 13%, and rents by approximately 10%, underscoring robust demand for top-tier office properties.
