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Dubai Office Market: Trends and Outlook According to Knight Frank, the vo…
Dubai Office Market: Trends and Outlook According to Knight Frank, the volume of office real estate deals tripled over the period from 2023 to 2025. In 2025, 167 units were sold, with prices starting from $2.7 million➡️year-over-year growth of 114%. According to CBRE, in March 2026: ☑️International Tenants Have Renewed Lease Agreements ☑️Demand for Off-plan Office Space Remained Strong In May 2026, transaction volume in the ultra-premium Lumena by OMNIYAT project exceeded $389 million. Demand Geography & Average Prices TOP 3 Areas for Purchase 1️⃣Downtown Dubai – $6.2 million 2️⃣Barsha Heights – $957,000 3️⃣Business Bay – $652,000 TOP 3 Areas for Rent 1️⃣Jumeirah Lake Towers (JLT) – $51,000 2️⃣Business Bay – $49,000 3️⃣Sheikh Zayed Road – $48,000 Outlook By 2030, Dubai is projected to deliver ~2.2 million m² of office space. This volume is expected to help balance the market and gradually slow the pace of price growth. Key development zones: ☑️Business Bay ☑️Meydan City ☑️DIFC —— High-quality articles about the UAE's real estate every week. Discover how Blackstone's investment proves the UAE's stability
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