MarketBeats • UAE

Dubai continues to experience a supply shortage, with only 0.89 million sq. ft. of new office stock expected in 2025. Major upcoming projects include the Innovation Hub (2025), DIFC Square (2026), and Aldar’s Office Tower (2027). However, strong pre-leasing activity is absorbing much of this future supply. The market is expected to remain undersupplied through 2026, maintaining upward pressure on rents and occupancy. A potential rebalancing may occur from 2027–2028 as more projects are delivered. In response, off-plan strata office sales have surged, with strong transactional activity driven by investor and end-user demand.

Prathyusha Gurrapu • 2025-05-26

MarketBeats • UAE

Prime and Grade A offices are in high demand. Prime rents range from AED 180–260/sqft/year, while Grade A offices lease for AED 150–180/sqft/year. Quality, location, and efficient layouts continue to support rental strength amid constrained supply.

Prathyusha Gurrapu • 2025-05-26

MarketBeats • UAE

Dubai’s office market is experiencing record growth, with demand outstripping supply as city-wide occupancy rates reach 92% and rents rise by 22% year-on-year. Upward pressure on rents and occupancy levels is expected to continue in the near-term.

2025-01-24

MarketBeats • UAE

Abu Dhabi’s office market continues to experience robust growth, marked by a significant increase in occupancy levels. Demand is primarily driven by the banking, finance, and hydrocarbons sectors, maintaining prime and Grade A occupancy at 95%, supported by stable rental rates and strong competition for Grade A spaces.

2025-01-24

MarketBeats • UAE

In Dubai, office rents face continued upward pressure due to high occupancy rates and strong demand. Despite recent office project launches, the market is expected to remain undersupplied in the near term.

2024-11-13

MarketBeats • UAE

Abu Dhabi’s prime and Grade A office stock continues to lead the market with record occupancy rates and stable rents, driven by strong demand from the banking, financial, and oil & gas sectors.

2024-11-13