Morgan’s International Realty’s Q3 2025 Commercial Report in Dubai provides an in-depth analysis of Dubai’s commercial market, revealing over AED 29 billion in transactions, record office demand, resilient leasing activity, and a tightening supply pipeline that continues to shape the city’s evolving business landscape. This comprehensive report highlights the communities leading growth and the trends defining Dubai’s position as a global commercial real estate hub.

Key Takeaways in Commercial Market during Q3 2025

  • How did Dubai’s commercial real estate perform in Q3 2025?:Dubai’s commercial market recorded AED 29.35 billion in total transaction value, marking consistent growth in sales activity and rising confidence among local and international investors. Despite a slight dip in total value from Q2, the market achieved one of its strongest quarters since 2022.
  • Which areas performed best this quarter?:Business Bay dominated Dubai’s commercial market with AED 3.37 billion in deals, followed by Jumeirah Lakes Towers (AED 846M) and Majan (AED 1.03B).
  • What trends define Dubai’s commercial property segment right now?:The office sector is thriving with record-breaking sales in premium towers like Emaar Square and Burj Khalifa. Land sales also surged, making up 60% of total value, while leasing demand remained strong, particularly in retail and SME-focused office spaces.
  • What’s happening in the leasing market?:The leasing market showed exceptional activity, registering 71,562 contracts worth AED 5.27 billion.
  • Is there enough new supply to meet demand?:The Commercial Report in Dubai shows limited upcoming inventory, with only 7,434 units under development across 495 projects.
  • What can we expect in Q4 2025 and beyond?:As Dubai continues attracting global enterprises, the market outlook remains strong. With limited Grade A supply, continued investor interest, and sustainable rent growth, the city is set to reinforce its role as a global business capital for commercial real estate investment.

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