Key trends in Dubai’s office market
1. Market conditions are gradually normalising.
Rental growth remains strong, but the pace of change is moderating, pointing to a more sustainable market than.
2. Demand is increasingly concentrated in smaller units.
SMEs account for most transactions, while larger occupiers are taking a more selective approach to expansion
and relocation decisions.
3.Business Bay remains a key development cluster.
Approximately 3.8 million sq ft across seven schemes is scheduled for delivery by 2030, making Business Bay one of Dubai's most
active office development clusters.
4. Grade B+ benefits from constrained Grade A availability.
Limited Grade A availability is pushing occupiers towards high-quality Grade B+ space and supporting faster rental growth in the segment.