Latest news with #offplaninvestments
Khaleej Times
2 days ago
- Business
- Khaleej Times
Office sales spur Dubai's commercial realty to Dh31b in Q2
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. This substantial growth, up from Dh20.75 billion in Q2 2024, reflects the market's strong momentum amid rising demand for Grade A office space, premium warehouse facilities, and off-plan investments, says CRC Property's latest market report. Leading the surge was the office segment, where sales skyrocketed by 93 per cent year-on-year to Dh2.62 billion. The volume of office transactions also rose by 26 per cent, highlighting a growing appetite among investors and end-users for ownership opportunities in Dubai's business hubs. Business Bay and Jumeirah Lake Towers (JLT) continued to dominate activity, while emerging commercial zones such as Barsha Heights and Motor City gained traction, offering competitive pricing and modern infrastructure. Behnam Bargh, managing director at CRC, said Q2 2025 represents a defining moment for both CRC and Dubai's commercial landscape. 'We recorded our most successful quarter to date, with a 75 per cent increase in sales deals. This performance is a direct result of our team's client-first approach and the continued confidence of investors in Dubai's economic story.' One notable trend is the growing share of off-plan office transactions. Developers such as Omniyat have launched landmark projects like Lumena in Business Bay — premium commercial towers that combine cutting-edge architecture with flexible floor plans and high-end amenities. This shift towards modern, future-ready workspaces is reshaping the preferences of institutional investors and long-term occupiers. 'The success of off-plan reflects a maturing buyer mindset — stakeholders are committing to spaces that meet the evolving needs of tomorrow's workforce, not just today's,' Bargh said. Property market analysts believe that as global investors recalibrate their portfolios for post-pandemic realities, Dubai's commercial property market is emerging as a safe, growth-oriented asset class — powered by innovation, transparency, and strategic vision. Dubai's industrial and logistics sectors also displayed strong growth, driven by high demand and constrained supply. Average warehouse sale prices more than doubled year-on-year, reaching Dh22.2 million, largely due to intense activity in prime industrial locations such as Dubai Industrial City, Dubai Investments Park (DIP), and Jebel Ali Free Zone (JAFZA). The sector saw an increase in larger transaction sizes, signaling consolidation and expansion among logistics and distribution players seeking strategic, scalable assets. These trends underscore Dubai's growing role as a regional logistics and supply chain hub, particularly as e-commerce, last-mile delivery, and regional warehousing requirements accelerate. On the leasing side, the market maintained robust momentum, with leasing transactions increasing by 30 per cent compared to the previous quarter. The average office leasing value rose to Dh480,768 — a 95 per cent surge year-on-year — as businesses competed for fitted, well-located, and high-spec workspaces. Demand for larger units is being driven by new business setups, regional expansions, and growing confidence across sectors such as finance, technology, consulting, and healthcare. According to CBRE, both Dubai and Abu Dhabi are experiencing sustained rental growth and high occupancy rates due to limited new supply and a steady influx of international firms setting up regional headquarters. JLL's recent analysis echoes this sentiment, pointing to high investor interest in strategic commercial assets such as last-mile logistics hubs, data centres, and mixed-use office-retail complexes. The ability to convert qualified non-freehold properties is also expected to unlock further investment potential across multiple submarkets. With the UAE's diversified economy continuing to attract foreign capital, the commercial real estate sector stands poised for further expansion in the second half of 2025. Market analysts believe Dubai's continued focus on infrastructure upgrades, business-friendly reforms, and sustainable development will support a healthy demand pipeline and long-term value creation.
Zawya
10-07-2025
- Business
- Zawya
Dubai's half-year property sales hit Dh326bln as population growth fuels housing demand
Dubai, UAE: The Dubai real estate market recorded a landmark first half of 2025, as population growth, capital value appreciation, and a surge in off-plan investments pushed property transactions to a historic high. According to a recent ValuStrat report analysed by real estate developer DURAR Group, total residential sales soared to AED 326.7 billion across nearly 99,000 transactions – signalling unprecedented momentum and investor confidence. This half-year marks a defining chapter. The influx of nearly 90,000 new residents in just the first quarter has added significant pressure to an already supply-constrained housing market. With only 12,000 homes delivered so far this year, demand has swiftly outpaced availability, elevating both sales prices and rental values across key districts. 'The first half of 2025 has surpassed all expectations, reflecting both the resilience and ambition of Dubai's property sector,' said Mohammed Miqdadi, CEO of DURAR Group. 'We're not just seeing strong numbers, we're witnessing a new phase of sophistication in demand. Buyers today are more design-conscious, globally minded, and increasingly leaning toward future-forward communities anchored in lifestyle and long-term value.' Miqdadi further noted that while capital values have grown across the board, it's the villa segment and select prime locations that have led the surge. Areas like Jumeirah Islands, Palm Jumeirah, and Emirates Hills reached some of the most significant capital appreciation, while apartment hubs such as The Greens and Dubailand also drew consistent demand. Off-plan sales, in particular, continue to dominate investor activity, making up over two-thirds of all residential transactions in H1. With flexible payment structures and compelling new launches in communities like JVC, Dubai South, and Emaar South, the appetite for early-entry opportunities remains strong. Looking ahead, DURAR Group expects growth to moderate slightly but remain firmly positive through Q4 2025. 'As developers, this is a moment of responsibility as much as it is opportunity,' Miqdadi added. 'The next wave of success will be defined by how we balance scalability with sustainability, creating homes that respond to the city's evolving population and anticipate how Dubai will live in the decades to come.' About DURAR Group DURAR is one of the leading property development groups in the UAE offering a range of world-class solutions to its clients, providing development and flexibility in planning to ensure that each client receives strategic and highly personalised solutions. DURAR excels in project planning, both commercially and environmentally, by adopting lifecycle and visibility tools to be employed in the project, and it guarantees on-time deliveries. Its expertise stretches across the entire property spectrum, including residential, commercial, retail, and industrial, specialising in a complete range of cost-effective in-house management services. The company's portfolio includes masterpieces such as J One in Burj Khalifa District, Masa Residence Interior YOO Inspired by Stark, Jasmine Lane Elie Saab Edition, Moonstone and Trio Isle Interiors by Missoni, and many more. For more information, please visit
