Dubai commercial real estate

Dubai’s prime office crunch sparks surge in commercial property buying

A view of Dubai Design District. Fresh data from Engel & Völkers Middle East shows Dubai’s real estate market entering 2026 on solid footing.. Photo: File photo Commercial sales reached Dh17.1 billion, an increase of 82 per cent year on year, across 1,446 transactions, up 23.7 per cent from the previous yearDubai’s prime office shortage is fuelling a sharp rise in commercial property...

Avenew and Kora to transform Motor City with new commercial district

Rasha Hassan and Nilesh Ved signing the joint venture agreement. The strategic joint venture partnership will develop a landmark business destination adjacent to the Dubai Autodrome Avenew Development, the Dubai-born real estate innovator, has entered into a strategic joint venture with Kora Properties to deliver a new integrated commercial district in Motor City, marking a significant milestone in...

DIFC expansion: Zabeel District’s phase 1 to cost Dh20 billion, feature iconic buildings

Phase one of Dubai International Financial Centre's Zabeel District will be completed by 2029-30; Project is likely to be mainly funded through internal resources The first phase of the Dh100-billion Zabeel District coming up in the Dubai International Financial Centre (DIFC) will be completed by 2029-30 at a cost of Dh20 billion, a senior official said on Thursday. “The total area to be developed...

Centurion Properties launches Burj Capital Business Bay, setting new benchmark for Dubai’s commercial landscape

The development reimagines the workplace as a holistic environment that inspires balance, creativity, and productivity Centurion Properties has announced the grand launch of Burj Capital Business Bay, a state-of-the-art luxury office tower located in the heart of Business Bay. The launch event was held on September 29, 2025, at JW Marriott Marquis Hotel, marked the official opening of Phase 2...

Office sales spur Dubai’s commercial realty to Dh31b in Q2

Dubai’s commercial property market is emerging as a safe, growth-oriented asset class In Dubai’s business hubs. Business Bay and Jumeirah Lake Towers (JLT) continued to dominate activity.. Photo: File Photo Dubai’s commercial real estate market surged to new highs in the second quarter of 2025, with total transaction value climbing to Dh31 billion — marking a 50 per cent year-on-year jump....

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