Report
Commercial Property
2025
Commercial Sales Overview
Total Transaction Value
Value
2541 (Primary Developer under construction) : AED 8.7 Bn
3388 (Secondary Ready units transacted) : AED 8.6 Bn
217 (Secondary under construction transactions) : AED .610 M
Year-on-Year Market Evolution
2016–2020
2021
2022–2023
2024
2025
Dubai Commercial Total Transaction Value (2016 – 2025)
Top 5 developers share of Dubai Commercial transaction value
Top Developers by Commercial Sales Value (2025)
| DEVELOPER | PRIMARY (AED – BN) | SECONDARY – OFF PLAN (AED – BN) | SECONDARY – READY (AED – BN) | TOTAL TRANSACTION VALUE (AED Bn) | % OF TOTAL MARKET SHARE |
|---|---|---|---|---|---|
| OMNIYAT | 1 | 0.05 | 0.71 | 1.76 | 9.83 |
| BINGHATTI | 1.36 | 0.21 | 0.08 | 1.65 | 9.21 |
| CENTURION PROPERTIES | 1.15 | 0.11 | - | 1.26 | 7.04 |
| EMAAR | 0.10 | - | 1.15 | 1.25 | 6.98 |
| DUBAI PROPERTIES | 0.15 | - | 0.62 | 0.77 | 4.3 |
Commercial value is meaningfully concentrated, but not crowded.
Leadership is present, but dominance is limited.
Primary transactions remain a key value driver.
Secondary-ready assets continue to attract depth capital.
Commercial buying is allocation-driven, not speculative.
Price based segmentation
Dubai Commercial Market 2025 – Volume by Price Segment
| PRICE BAND (AED) | PRIMARY (BN) | SECONDARY – OFF PLAN (BN) | SECONDARY – READY (BN) | TOTAL (BN) | SHARE (%) |
|---|---|---|---|---|---|
| Below 1M | 0.28 | 0.02 | 0.56 | 0.86 | 4.5 |
| 1–2M | 1.28 | 0.99 | 1.96 | 4.23 | 22.3 |
| 2–5M | 2.98 | 0.29 | 2.69 | 5.96 | 31.5 |
| 5–12M | 2.21 | 0.10 | 1.84 | 4.15 | 21.9 |
| 12–20M | 0.54 | 0.01 | 0.80 | 1.35 | 7.1 |
| 20M+ | 1.47 | 0.09 | 0.84 | 2.4 | 12.7 |
Upper mid-market is the dominant liquidity engine
Mid-market depth underpins market resilience
Entry-level commercial remains marginal
Confidence-led expansion in higher-value assets
Large-ticket participation signals institutional confidence
2024 VS 2025
Year – on – Year Comparison vs 2025 ( Commercial Market )
| METRIC | 2024 | 2025 | CHANGE (%) |
|---|---|---|---|
| Total Transactions | 4318 | 6146 | +42.3% |
| Total Sales Value (AED Bn) | 9.54 | 18.06 | +89.3% |
| Avg Price per Sqft (AED) | 1723 | 7774 | +351.2% |
| Value of Off-plan Transactions (AED Bn) | 3.59 | 9.37 | +161% |
| Value of Ready Transactions (AED Bn) | 5.95 | 8.69 | +46.1% |
Value growth far outpaces volume:
Pricing power is firmly established:
Off-plan is the clear growth engine:
Ready assets remain resilient, not dominant:
Key Inferences & Conclusions
Commercial has decisively become a value-led market:
Ready assets continue to anchor market credibility:
Off-plan momentum reflects forward confidence, not speculation:
Market leadership is concentrated but remains competitive:
Upper mid-market is the liquidity backbone:
SME and owner-occupier participation underpins resilience:
Growth is price-led, not transaction-led:
Pricing power has firmly returned:
Sources: Public government data (Dubai Pulse) & Licensed market data (REIDIN)
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