Dubai Office Market Report- Q3 2025

A data-driven overview of Dubai’s office sector performance in Q3 2025, AED 3.0 billion in total sales value, 3,685 sales transactions, and 31,308 rental contracts with updated rental rate benchmarks and quarterly growth indicators.

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The Dubai office market in Q3 2025 showed exceptional strength, continuing its upward momentum across both the sales and rental segments. Total transaction volume rose by 19.5% quarter-on-quarter and 46.2% year-on-year, while total value surged by 19.2% Q-o-Q and a remarkable 94.5% Y-o-Y, indicating a significant increase in high-value deals and investor confidence. In the off-plan segment, Business Bay stood out with an average price of AED 3,954 per sq ft, while Majan, Jumeirah Village Circle (JVC), Dubailand Residence Complex, and Business Park Motor City reported average prices between AED 1,400 – 1,800 per sq ft.

The ready office market was similarly active, led by Business Bay (285 transactions at AED 1,905.8 per sq ft) and Jumeirah Lake Towers (257 at AED 1,693.9 per sq ft), followed by Barsha Heights, Dubai Silicon Oasis, and Dubai Investment Park First. This mix of strong off-plan and ready demand highlights the city’s diversified investment appeal, premium hubs drawing institutional buyers, while mid-range communities attract small and medium enterprises seeking competitive pricing.

Dubai Office Price Movements
Dubai Office Market: Quarterly Transaction Overview

Quarterly Performance in Sales Values

Date - Quarter Sales - Off-Plan Sales - Ready Overall Sales Value
Q1 2024 AED 13 Mn AED 1.34 Bn AED 1.4 Bn
Q2 2024 AED 28 Mn AED 1.31 Bn AED 1.3 Bn
Q3 2024 AED 50 Mn AED 1.5 Bn AED 1.6 Bn
Q4 2024 AED 576 Mn AED 1.6 Bn AED 2.1 Bn
Q1 2025 AED 746 Mn AED 1.97 Bn AED 2.7 Bn
Q2 2025 AED 344 Mn AED 2.27 Bn AED 2.6 Bn
Q3 2025 AED 1.1 Bn AED 2 Bn AED 3 Bn

Leading Communities for Off-Plan and Ready Office Sales: Market Averages and Performance

Off-Plan Communities Transaction Volume Market Average in AED/Sqf Ready Communities Transaction Volume Market Average in AED/Sqf
Majan 107 1672 Business Bay 285 1905.8
Jumeirah Village Circle 86 1704.9 Jumeirah Lake Towers 257 1693.9
Dubailand Residence Complex 48 1415.7 Barsha Heights 57 2046.8
Business Park Motor City 46 1841.6 Dubai Silicon Oasis 33 850.3
Business Bay 36 3954.5 Dubai Investment Park First 22 645.9

Dubai Office Rental Insights

Lease Type Number of Leases Annual Rental Transactions
New 20,978 AED 1.5 Bn
Renewed 10,330 AED 1.2 Bn
Grand Total 31,308 AED 2.7 Bn

Dubai’s office rental market continued its upward trajectory in Q3 2025, reflecting sustained demand across both new and renewed leases. A total of 31,308 rental transactions were recorded, with new leases accounting for 20,978 transactions valued at AED 1.5 billion, while renewed leases contributed 10,330 transactions worth AED 1.2 billion. Among the top-performing communities, Business Bay led with 1,967 transactions at an average market rate of AED 147.7/sqft, followed by Jumeirah Lake Towers and Dubai Industrial City Second. The market demonstrates strong resilience, with office rental prices climbing to AED 198.49/sqft/year, representing a 4.11% increase from Q2 2025, signaling robust tenant confidence and ongoing growth in rental values.

Top Office Communities by Rental Transactions in Q3 2025

Community Transaction Volume Market Average in AED/Sqft
Business Bay 1,967 147.7
Jumeirah Lake Towers 1,262 134.3
Dubai Industrial City Second 1,149 67.2
Trade Center First 612 129.9
Dubai Silicon Oasis 410 88.0
Dubai Office Supply

Office supply in Dubai has shown steady growth, with completed space reaching 11.49 million units by 2025. An additional 95,336 units of office space is currently under construction, indicating a measured expansion of the market to meet increasing demand. Historical trends reveal consistent annual completions since 2018, reflecting sustained investment in the commercial real estate sector. The balance between rising rental prices and gradual supply growth suggests a healthy market environment, with limited risk of oversupply while accommodating expanding office demand.