Dubai’s commercial real estate market has maintained its strong growth momentum, recording one of its most impressive quarters to date. In the second quarter of 2025, total sales climbed to AED 31 billion, reflecting a substantial 50% increase from the AED 20.75 billion achieved during the same period in 2024.
This sharp rise underscores the sector’s resilience and growing maturity, driven by sustained investor confidence and heightened demand across core commercial asset classes.
Dubai’s office market emerged as a key driver of commercial real estate growth in the second quarter, contributing AED 2.62 billion in sales representing a 93% year-on-year increase. Transaction volumes rose by 26%, reflecting sustained demand for premium office spaces in strategic locations.
Business Bay and Jumeirah Lake Towers remained the most active business districts, while areas like Motor City and Barsha Heights experienced a notable uptick in activity, signalling a broader geographic spread of commercial interest across the city.
The industrial segment recorded a significant upswing in performance, with average warehouse sale prices reaching AED 22.2 million, an increase of 107% compared to the second quarter of 2024. This sharp rise is primarily driven by limited supply and strong demand within major logistics hubs, including Dubai Industrial City, Dubai Investments Park, and Jebel Ali Free Zone.
The leasing sector registered strong performance this quarter, with the volume of leasing transactions increasing by 30% compared to the previous quarter. Average office lease values rose sharply to AED 480,768, marking a 95% year-on-year increase. This substantial growth in rental rates highlights sustained demand for well-fitted, premium office spaces located in key business districts across the city.
The Road Ahead
With growing interest from institutional players and end-users alike, Dubai’s commercial real estate sector is clearly entering a new era, one defined by long-term thinking, strategic investment, and a strong appetite for high-performance assets.
As the city continues to evolve as a global business hub, the commercial property market appears poised for sustained growth through the remainder of the year and beyond.
In this landscape, trust serves as the cornerstone of long-term investment extending far beyond the technology sector to include key areas of the economy ready for scalable growth, such as commercial real estate.
At One Investments, we recognise that investors seek more than just returns they prioritise stability, transparency, and long-term value. As Dubai continues to cement its role as a leading global business hub, we help our clients navigate this dynamic market with confidence, providing access to high-performing opportunities that align with their financial goals and long-term investment strategies.
