13.1 billion dirhams in off-plan office sales in Dubai during the first half

Off-plan office sales in Dubai recorded a record jump during the first half of 2026, after reaching 13.1 billion dirhams through 1,668 deals, exceeding the total sales of the sector during the past seven years combined, from 2019 to 2025, reaching 5.48 billion dirhams through 1,821 deals, according to an analysis conducted by the “Real Estate Source” platform, which specializes in monitoring and analyzing real estate market data and trends, based on… Sales data registered with the Dubai Land Department.

This performance reflects an accelerating transformation in the commercial real estate market in Dubai, driven by the growing demand for high-quality office space, the expansion of the base of regional and international companies that base their business in the emirate, in addition to the launch of new projects that have increased the supply of premium office space, especially since 2024.

According to data from the Land Department, off-plan office sales in Dubai amounted to 65.9 million dirhams in 2019, and 39.4 million dirhams in 2020, before declining to 825 thousand dirhams in 2021, then rising to 11.5 million dirhams in 2022, and 69.9 million dirhams in 2023, before jumping to 664.4 million. dirhams in 2024, then to 4.63 billion dirhams during the past year, reaching the record recorded in the first half of 2026.

According to the analysis of the “Al Masdar Real Estate” platform, which revealed its results in a statement yesterday, the Business Bay area accounted for the largest share of office sales on the map during the first half of this year, recording 6.8 billion dirhams through 476 sales transactions, representing about 52% of the total value of sales and 28.5% of the total number of deals.

It was followed by the “Trade Center 2” area with sales amounting to 1.7 billion dirhams through 76 deals, and the “Tecom A” area came in third place with 1.4 billion dirhams through 498 sales deals, then Dubai Maritime City with sales exceeding one billion dirhams through 87 sales deals.

At the level of price categories, during the first half of this year, the market recorded 212 sales deals for office space, each of which the value exceeded 20 million dirhams. The deals, whose value ranged between 20 million and 50 million dirhams, accounted for the largest share of the sales value, with a total of 6.11 billion dirhams through 201 deals, while the deals whose value exceeded 50 million dirhams each recorded 11 deals, with a total value of 629.9 million dirhams.

Sales in the category between 10 million and 20 million dirhams amounted to about 2.39 billion dirhams through 169 deals, while the category between five million and 10 million dirhams recorded 1.17 billion dirhams through 162 deals.

The category between two million dirhams and five million dirhams had the largest number of deals, with 765 deals worth 2.23 billion dirhams, while the category between one million and two million dirhams recorded 308 deals worth 536.5 million dirhams. The number of deals worth less than one million dirhams reached 52 deals, with a total of 43.2 million dirhams.

Dubai Land Department data showed that five projects accounted for the largest share of office sales activity on the map during the first half of 2026, as their share amounted to about 71.7% of the total sales value and 51.3% of the total number of deals.

These projects included “Lumina” and “Lumina Alta” from “Omniyat”, “IHS Tower”, “Shah Rukh Khan Tower” from “Danube”, and “31 Above” from “Beyond”, which together recorded 856 sales transactions worth more than 9.4 billion dirhams during this period.

. “Business Bay” topped the region’s sales with 6.8 billion dirhams.

. 212 sales deals for office space, each value exceeding 20 million dirhams.