Dubai office market stays positioned for continued strength

The Dubai office market is positioned for continued strength in the medium term, supported by economic diversification, regulatory transparency, and business-friendly policies, experts say.

- Somshankar Bandyopadhyay [e-mail]

However, going forward, price sustainability will hinge on supply pipeline, occupancy absorption, and macroeconomic conditions. Strategic development of next-generation office space will be key to meeting demand and maintaining growth momentum, they stress.

Dubai's office market has recorded a sharp and sustained increase in capital values, with average prices rising from Dh768 per square foot in 2021 to Dh1,999 per square foot in 2025, marking a 160 per cent growth over the first half of the last four years.