Dubai’s Commercial Property Market Hits AED30.38 Billion in Q3 2025, Driven by Strong Office Demand

Dubai’s commercial property market continued its upward trend in Q3 2025, achieving a total sales volume of AED30.38 billion ($8.27 billion). This represents a 31% increase compared to the same period last year, according to CRC Property’s latest Q3 2025 Market Report.

This strong performance shows high investor confidence, increasing business activity, and a growing demand for premium office spaces in key areas like Business Bay, Jumeirah Lakes Towers (JLT), and Barsha Heights (Tecom).

Office Market Leads Growth
The office segment stood out as the best performer in Dubai’s commercial property market, driving both transaction values and volumes.

Total Office Sales: AED3.1 billion
Units Sold: 1,153 offices
Growth: +18% quarter-on-quarter, +93% year-on-year

The number of office transactions rose 19% from the previous quarter and 45% from the previous year, highlighting continuous demand from business owners, investors, and multinational firms looking for strategic locations and long-term growth.

The Dubai office market remained exceptionally strong throughout Q3 2025, fueled by record demand for Grade-A and ESG-compliant office towers. With vacancy rates at historic lows, both fitted and vacant commercial spaces continue to draw unprecedented interest from investors.

Top Performing Areas
Business Bay continued to be Dubai’s most active office hub, recording 328 office transactions in Q3 2025. It was followed closely by:

Jumeirah Lakes Towers (JLT): 277 transactions

Majan: 112 transactions

Jumeirah Village Circle (JVC): 110 transactions

Barsha Heights (Tecom): 71 transactions

These areas appeal to local and international buyers due to their proximity to major highways, flexible office layouts, and high rental yields.

Off-Plan Commercial Properties Maintain Momentum

Dubai’s off-plan commercial market showed impressive resilience as well, with total transactions valued at AED2.4 billion ($650 million) across 1,101 deals during Q3 2025.

Of this amount, office and retail developments accounted for AED1.86 billion through 640 transactions, reflecting strong investor confidence in Dubai’s growing Grade-A commercial infrastructure.

Looking ahead, nearly 680,000 square meters of new office space is expected to be completed by 2027. Business Bay and Motor City are set to benefit the most from this upcoming supply.

Retail Segment Rebounds Strongly

The retail property sector also saw a significant rebound in Q3 2025, with total transaction value reaching AED1.15 billion across 437 deals. This marks a 95% increase from the previous quarter and a 55% rise from the previous year.

This is the strongest quarterly performance since 2022 and shows renewed confidence from both investors and end-users, supported by improving market sentiment in the latter half of 2025.

Rising Office Prices and Sustained Investor Interest

CRC reports that average selling prices for secondary offices rose to AED1,685 per sq. ft in Q3 2025. This is a 19% increase compared to last year and the highest level in over a decade.

Overall buyer inquiries increased by 47% year-on-year, indicating lasting interest in Dubai’s commercial property sector, even as short-term activity slightly slowed after a busy first half of the year.

Dubai’s Commercial Real Estate Outlook

The office segment continues to lead Dubai’s commercial property market, driven by the growth of small and medium enterprises, business relocations, and more end-users choosing to buy rather than lease.

With strong fundamentals, a limited supply of Grade-A properties, and steady foreign investment, Dubai remains one of the top destinations for commercial real estate in the world as it moves into 2026.

Key Takeaways:

• Dubai’s commercial property market reached AED30.38 billion ($8.27 billion) in Q3 2025
• Office sales soared to AED3.1 billion across 1,153 transactions
• Off-plan commercial deals totaled AED2.4 billion during the quarter
• The retail sector recorded an impressive 95% growth from the previous quarter
• Business Bay and Jumeirah Lakes Towers (JLT) remained the most active commercial hubs in Dubai