Dubai’s commercial real estate market continued its strong performance in the third quarter of 2025, driven by solid growth in the office and off-plan segments.

According to CRC Property’s Market Report, total commercial sales reached AED 30.38 billion (US$8.27 billion), marking a 31 per cent increase from the same period last year.

Why Business Bay and JLT stand out

Business Bay recorded 328 office transactions in Q3, making it the top-performing district. The reasons are clear: its strategic location close to Downtown Dubai, strong road infrastructure, and access to key business hubs give it a competitive edge.

Jumeirah Lakes Towers (JLT) followed with 277 deals. JLT’s appeal stems from a mix of commercial, retail, and residential uses, its proximity to Sheikh Zayed Road, and its large working population. It also hosts many corporate and free-zone offices.

These two districts dominate because they offer both visibility and connectivity — key factors for businesses looking to locate in Dubai’s premium office scene.

The wider field: Majan, JVC & Barsha Heights

Other districts also made strong showings: Majan had 112 transactions and **Jumeirah Village Circle (JVC) logged 110. These areas are emerging as alternatives: Majan enjoys a strategic position in Dubailand, strong infrastructure, and a value-for-money appeal. JVC is attracting investment because it offers newer commercial developments at a comparatively lower entry cost.

Barsha Heights (also known as Tecom) ranked fifth with 71 deals. Its strong performance is linked to excellent transport links and established office blocks in a less saturated part of the city.

Office Market Details

The office segment saw standout growth. Total office sales in Q3 reached AED 3.1 billion across 1,153 units — up 18 per cent quarter-on-quarter and 93 per cent year-on-year. The number of transactions rose similarly, showing healthy demand, especially in Grade A and free-zone areas.

Analysts note that vacancy levels in prime office towers are low, prompting investors and occupiers to act sooner rather than later.

Off-plan and Retail Segments

The off-plan commercial market also remained active. Transactions valued at AED 2.4 billion (US$650 million) were logged across 1,101 deals in Q3. Of that, office and retail accounted for AED 1.86 billion across 640 deals.

Retail rebounded strongly, too. Value reached AED 1.15 billion (US$310 million) across 437 deals — up 95 per cent quarter-on-quarter and 55 per cent year-on-year.

The Outlook

With demand broadening across both investor and end-user segments, Dubai’s commercial property market remains robust. The strong performance of Business Bay, JLT, and emerging areas demonstrates the market’s depth.

As new supply is expected in the coming years, particularly in office space, districts with connectivity, infrastructure and flexibility will likely maintain the edge.