Our latest Dubai Office Market in Minutes Report reveals resilience, supported by strong tenant demand and a maturing mix of sectors driving new activity. Limited new Grade A supply is set to imminently enter the market but is pre-leased, as the city continues to reinforce its position as one of the region’s most dynamic commercial hubs.

Market Highlights:

• Average office rents reached AED 233 per sq ft, marking a 4.5% quarterly and 35% annual increase, driven by sustained occupier demand and limited new supply.
• Leasing activity was dominated by expansions, relocations, and new market entries, reflecting ongoing business growth across the emirate.
• Technology & Media and Pharmaceuticals sectors each accounted for 29% of Savills’ Q3 transactions, followed by Consulting, Energy, and Oil, each at 14%.
• 65% of enquiries were for office spaces below 5,000 sq ft, indicating robust demand from SMEs and mid-sized firms.
• Around 1 million sq ft of new office space is expected to be completed by early 2026, most of which is already pre-leased, underscoring strong occupier confidence.

For more insights, read the full report.