Dubai’s office market continues to demonstrate resilience amid geopolitical turbulence. Leasing activity in Q3 2026 remained subdued, yet rental rates held stable — a structural shortage of quality space supports them even as transaction volumes decline. Purchasing activity in the off-plan segment is broadly in line with the previous quarter, while major deals in premium projects confirm sustained interest from large capital.

A notable trend of the period is demand shifting beyond the traditional business districts: emerging locations are increasingly attracting tenants and investors with more accessible entry prices and convenient transport links. Developers continue to announce new projects, maintaining confidence in long-term demand.

Market resilience is underpinned by the country’s macroeconomic fundamentals: the UAE economy maintains positive momentum even in challenging conditions, while 2027 forecasts point to a significant acceleration in growth.