Dubai Off-Plan Office Sales in H1 2026 Exceed Combined Sales of Previous Seven Years
Dubai's off-plan office market recorded unprecedented growth during the first half of 2026, with sales reaching $3.57 billion (AED 13.1 billion) across 1,668 transactions, surpassing the sector's combined sales over the previous seven years.
According to an analysis by Al Masdar Al Aqaari of transactions registered with the Dubai Land Department, off-plan office sales between 2019 and 2025 totalled $1.49 billion (AED 5.48 billion) from 1,821 transactions, meaning the first six months of 2026 alone outperformed the entire seven-year period.
The strong performance underscores the rapid evolution of Dubai's commercial real estate market, driven by rising demand for premium office space, a growing number of regional and international companies establishing the emirate as their business hub, and a wave of new developments that has significantly expanded the supply of Grade A office stock, particularly since 2024.
Dubai Land Department transaction data shows that off-plan office sales totalled $18 million (AED 65.9 million) in 2019 and $10.7 million (AED 39.4 million) in 2020, before falling to just $225,000 (AED 825,000) in 2021. Sales recovered to $3.13 million (AED 11.5 million) in 2022 and $19 million (AED 69.9 million) in 2023, before surging to $181 million (AED 664.4 million) in 2024 and $1.26 billion (AED 4.63 billion) in 2025, culminating in a record-breaking first half of 2026.
Top-performing areas
According to Al Masdar Al Aqaari's analysis, Business Bay emerged as the leading destination for off-plan office sales during the first half of 2026, recording $1.85 billion (AED 6.8 billion) across 476 transactions. The area accounted for approximately 52% of total sales value and 28.5% of all transactions.
Trade Center Second ranked second with $463 million (AED 1.7 billion) generated from 76 transactions, followed by TECOM Site A with $381.5 million (AED 1.4 billion) across 498 transactions. Dubai Maritime City ranked fourth, recording more than $272.5 million (AED 1 billion) in sales from 87 transactions.
Price segments
Dubai recorded 212 off-plan office transactions valued at more than $5.45 million (AED 20 million) during the first half of 2026.
Transactions priced between $5.45 million and $13.62 million (AED 20 million to AED 50 million) generated the largest share of sales value, totalling $1.66 billion (AED 6.11 billion) across 201 transactions, while 11 transactions valued at more than $13.62 million (AED 50 million) generated a combined $171.6 million (AED 629.9 million).
Sales in the $2.39 billion? Correction: Sales in the $2.72 million to $5.45 million (AED 10 million to AED 20 million) bracket reached $651 million (AED 2.39 billion) from 169 transactions, while offices priced between $1.36 million and $2.72 million (AED 5 million and AED 10 million) generated $319 million (AED 1.17 billion) across 162 transactions.
The $545,000 to $1.36 million (AED 2 million to AED 5 million) segment recorded the highest transaction volume, with 765 deals worth a combined $608 million (AED 2.23 billion). Meanwhile, offices priced between $272,000 and $545,000 (AED 1 million and AED 2 million) accounted for 308 transactions worth $146.2 million (AED 536.5 million), while 52 transactions valued below $272,000 (AED 1 million) generated $11.8 million (AED 43.2 million) in sales.
Leading projects
Dubai Land Department data shows that five developments dominated the off-plan office market during the first half of 2026, accounting for 71.7% of total sales value and 51.3% of all transactions.
The projects were Lumena and Lumena Alta by Omniyat, AHS Tower, Shahrukhz by Danube, and 31 Above by Beyond. Together, the five developments generated 856 sales transactions worth more than $2.56 billion (AED 9.4 billion) during the six-month period.
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