Dubai Commercial Real Estate Market Report – H1 2026
Written by Sohail Khan
Dubai’s commercial real estate market delivered a record first half in H1 2026, recording 3,437 transactions worth AED 19.6 billion across office, retail, and warehouse assets. Compared with H1 2025, transaction volume increased 42%, while total sales value surged 188%, with off-plan investment emerging as the key driver of market activity.
The office sector led the market with 2,571 transactions worth AED 15.8 billion, while average prices reached AED 3,202 per sq. ft. Retail also recorded significant growth, reaching 853 transactions worth AED 3.71 billion, with average prices rising to AED 3,486 per sq. ft. Meanwhile, warehouse transaction volumes declined due to extremely limited available stock rather than weaker demand, with vacancy across Dubai’s core industrial submarkets described as effectively zero.
The report provides detailed analysis of Grade A office markets, DIFC leasing, retail performance, warehouse and industrial demand, submarket pricing, off-plan activity, macroeconomic conditions, and the outlook for H2 2026. It highlights continued Grade A office scarcity, strong investor conviction in off-plan commercial developments, and sustained pressure on Dubai’s limited industrial supply.
Whether you're an investor, business owner, occupier, or real estate professional, this report provides data-driven insights into the trends shaping Dubai’s commercial property market.
About the Author
Social Media Manager
Sohail Khan is the Social Media Manager at Commercial Business Brokers (CBB), the commercial subsidiary of Driven | Forbes Global Properties. With over five years of experience in the real estate industry and a background in mechanical engineering, he brings an analytical and commercially minded approach to market intelligence and research. Having worked across multiple real estate verticals, his work involves analysing market data, transaction trends, investment activity and broader economic developments to identify the forces shaping Dubai’s property market. He also works closely with the Asset Management team, providing a broader perspective on asset performance, investment strategy and long-term value creation.