Dubai’s off-plan office market experienced unprecedented growth in the first half of 2026, with sales reaching Dh13.1 billion, surpassing the total transactions recorded in the previous seven years combined, according to recent data from the Dubai Land Department and market analysis reports.
During the first six months of 2026, developers sold 1,668 off-plan office units across the emirate, compared to 1,821 transactions worth Dh5.48 billion recorded from 2019 to 2025. This surge highlights a robust demand for premium office spaces as Dubai continues to attract regional and international companies establishing or expanding their operations in the city.
Business Bay emerged as the leading destination for off-plan office sales, generating Dh6.8 billion from 476 transactions, accounting for about 52 percent of total sales value and nearly 29 percent of all transactions. Other key areas included Trade Centre Second, with Dh1.7 billion across 76 deals, Tecom Site A obtaining Dh1.4 billion from 498 transactions, and Dubai Maritime City recording over Dh1 billion through 87 deals.
The market showed a strong preference for higher-value office units, with 212 transactions exceeding Dh20 million each in the first half of the year. The Dh20 million to Dh50 million price segment accounted for the largest share of sales value at Dh6.11 billion over 201 transactions. Additionally, 11 transactions worth more than Dh50 million contributed Dh629.9 million. Offices priced between Dh10 million and Dh20 million generated Dh2.39 billion from 169 transactions, while units in the Dh5 million to Dh10 million range contributed Dh1.17 billion across 162 deals.
By volume, the most active segment was offices priced between Dh2 million and Dh5 million, comprising 765 transactions worth Dh2.23 billion. Smaller segments included offices valued between Dh1 million and Dh2 million with 308 transactions worth Dh536.5 million, and below Dh1 million with 52 transactions totaling Dh43.2 million.
The market is notably concentrated, with just five developments—Lumena, Lumena Alta by Omniyat, AHS Tower, Shahrukhz by Danube, and 31 Above by Beyond—accounting for 71.7 percent of total sales value and 51.3 percent of total transactions, generating 856 deals worth more than Dh9.4 billion in the period.
Industry observers attribute the growth in Dubai’s office market to a combination of declining vacancy rates and rising rents over the past three years, fueled by an influx of multinational corporations, financial institutions, technology firms, and family offices that have made Dubai their regional headquarters. This trend has been supported by a wave of new Grade A commercial developments launched since 2024, responding to strong business activity, population growth, and the city’s expanding financial services ecosystem.