The Dubai real estate market continued to record strong activity in the office sector, with the completion of two transactions involving the sale of two off-plan office units at a total value of approximately AED 80 million. This serves as a clear indication of the continued confidence of investors and companies in high-quality office assets. This coincided with total real estate transactions yesterday reaching AED 4 billion.
According to data from the Dubai Land Department, the first transaction was recorded in Business Bay at a value of AED 50 million within the Lumina by Omniyat project. The second deal took place in the Trade Centre Second area for AED 30 million within the AHS Tower project.
These transactions reflect ongoing demand for premium office spaces in Dubai, supported by the emirate’s position as a leading global business hub and a preferred destination for companies seeking long-term headquarters in a stable and advanced environment.
The strong interest in off-plan office units also signals forward-looking investment confidence, with a clear focus on modern buildings that meet sustainability standards and incorporate advanced technologies in strategic locations capable of attracting multinational corporations.
In terms of overall performance, real estate transactions exceeded AED 4 billion across 1,056 deals. The Dubai Land Department recorded 826 sales transactions worth AED 2.3 billion, including 76 land sales, 695 residential unit sales, and 55 building sales.
Mortgage transactions reached AED 1.4 billion through 173 deals, including 61 land mortgages, 127 residential unit mortgages, and 15 building mortgages. In addition, 57 gift transactions were registered with a total value of AED 158 million, highlighting the continued strength and diversity of activity in Dubai’s real estate market.
