Market Performance

Dubai’s commercial real estate market is showing exceptional momentum in 2026, with sales of offices and retail properties reaching AED 23 billion during the first eight months of the year. This represents growth of around 137% compared with approximately AED 9.7 billion during the same period last year.

The market has also surpassed the full-year 2025 commercial sales total of around AED 18.1 billion by approximately 27%, highlighting the strong appetite for income-generating and business-focused real estate assets in Dubai.

• AED 23B commercial sales in the first eight months of 2026
• Around 137% year-on-year growth
• Sales already exceeded full-year 2025 by around 27%
• Commercial property includes offices and retail assets

Offices Lead the Momentum

Office properties remain the main driver of Dubai’s commercial real estate activity. Off-plan office sales reached AED 14.7 billion across 2,096 transactions, while ready commercial offices recorded AED 3.5 billion across 1,177 transactions.

This performance reflects the continued expansion of local and international companies in Dubai and the growing demand for modern, well-located and high-quality office spaces.

• AED 14.7B off-plan office sales
• 2,096 off-plan office transactions
• AED 3.5B ready office sales
• 1,177 ready office transactions

Retail and Commercial Demand

Retail assets are also benefiting from the wider growth of Dubai’s commercial market. Off-plan retail sales reached AED 3.2 billion across 646 transactions, showing that investors are looking beyond traditional residential property toward business-linked assets.

The growing depth of commercial demand supports Dubai’s position as a business hub where real estate serves both operational needs and long-term investment strategies.

• AED 3.2B off-plan retail sales
• 646 off-plan retail transactions
• Commercial assets are gaining investor attention
• Demand is linked to Dubai’s business expansion

Business Bay and Investment Outlook

Business Bay remains one of the key beneficiaries of the commercial real estate cycle, accounting for around 34% of office sales. Its central location, business environment and strong connectivity continue to attract companies and investors.

For investors, the numbers point to a market supported by corporate expansion, limited prime office supply and demand for well-positioned commercial assets across Dubai’s established and emerging business districts.

• Business Bay captured around 34% of office sales
• Demand is supported by company expansion
• Quality office space remains a key market driver
• Commercial real estate is becoming a stronger investment segment