Dubai’s commercial real estate market remained active in February, with sales transactions increasing sharply compared to the same period last year and total transaction value also rising strongly. Offices and retail continued to lead market performance, while land and building sales added further breadth to overall activity.
Demand for well-located office stock remained a key feature of the market, supporting strong growth in both office transaction volumes and values. At the same time, retail sales continued to expand in established, high-traffic locations, underlining sustained investor and occupier interest across core commercial segments.
Rental transaction volumes moderated compared to the previous year, but average rental prices increased across office, retail and warehouse assets. This month’s Snapshot provides a concise, data-led overview of the sectors, price movements and demand patterns shaping Dubai’s commercial property market in February.