Dubai is a global business hub with demand for office space is doubling, W Capital

Dubai, UAE, 

 November 16, 2025

A report by W Capital Real Estate Brokerage stated that the office sector in Dubai’s real estate market is on an exceptional growth track, clearly reflecting Dubai’s move into a global business hub and its prominent position in attracting international companies and institutions.

The report noted that the importance of office space in Dubai is increasing daily, as the number of companies operating in the emirate is steadily rising, while the available office space remains relatively limited.

“Dubai is now a true business hub, constantly attracting international companies, which means that the demand for office space is escalating at a very, very rapid pace,” said Walid Al Zarooni CEO.

Al Zarooni added that the concept of office space has changed radically. Office buildings are no longer just offices, reception areas, and parking spaces, but now include integrated services such as swimming pools, gyms, and retail outlets, and are often located near residential towers.

He confirmed that this transformation reflects the needs of modern companies and their employees, as well as the trend towards a more attractive and flexible work environment.

“We see the office sector in Dubai not just as a real estate sector, but as a strategic pillar for the economy and the future. Investors who plan to invest or expand their business in Dubai today come in for a very opportune time,” he added.

 A W Capital report stated that Dubai’s office market is currently showing historically high occupancy rates, with office space occupancy at approximately 93%, and projected to exceed 94% by the end of 2025.

 Some prime areas Dubai show near-full occupancy due to the limited supply of new office space, reflecting strong demand and the continued attraction of global and regional companies.

 The report indicated that these levels are among the highest globally, with key areas such as the Dubai International Financial Centre (DIFC), Business Bay, and Downtown Dubai, approaching their maximum capacity. As a prime example, occupancy rates in properties managed by the DIFC reached approximately 99.6%, which prove the significant pressure on high-quality office space.

This high occupancy rate is attributed to a shortage of new office space, particularly Grade A, with projections indicating the shortage is expected to persist until at least 2027 and 2028. This in turn, has led to a significant increase in rents and office prices, with prime office space recording remarkable growth of 27.5% year-on-year during the third quarter of 2025, according to W Capital report.

The report confirmed that strong demand for office space in Dubai continues, supported by the positive performance of non-oil sectors and the expansion of local and international companies, which reinforces Dubai’s position as a global financial and business hub. This dynamic is expected to continue driving market growth and intensifying competition for prime office space within the emirate.