Average office rents in Dubai reached about AED 241 ($66) per square foot in the third quarter of 2026. Meanwhile, around 20.4 million square feet of new office space is expected to be added to the emirate’s commercial property market between 2026 and 2030.

According to the latest report from property consultancy Savills Middle East, Dubai’s office market recorded approximately 20,200 leasing transactions in the third quarter of this year.

Of the total transactions, 51% involved new leases and 49% were renewals. Average rents remained relatively stable, although rates varied across Dubai’s commercial districts.

The report showed that small offices continued to account for the largest share of leasing activity. Units measuring less than 1,000 square feet represented 66% of transactions, while offices smaller than 500 square feet alone accounted for 40%.

Dubai’s key business districts, including the Dubai International Financial Centre (DIFC), Downtown Dubai and Business Bay, continue to attract companies seeking modern offices with convenient access to public transport and commercial amenities.

Savills forecasts that around 20.4 million square feet of gross leasable area will be added to Dubai’s office stock between 2026 and 2030. The pace of new project completions is expected to accelerate from 2028.

According to the report, strata-owned developments, where office units are individually owned, are likely to account for 86% of new supply in 2028 and 78% in 2029.

By contrast, the share of single-ownership developments is expected to increase in 2030, providing more options for large companies.

Toby Hall, Head of Commercial Agency at Savills Middle East, said companies are placing greater emphasis on location, access to public transport, building quality and cost efficiency when choosing office space.

Savills expects demand for high-quality offices with modern amenities to remain steady through the end of 2026. However, older buildings with fewer facilities may take longer to attract tenants.