Imlaak News | 4 October 2026
Dubai commercial property sales reached AED25.1 billion in the first nine months of 2026, according to an Al Bayan report published on 3 October using Dubai Land Department data. The total covers offices and shops, with 4,901 transactions recorded from January to September.
The reported value was 124.1% above the AED11.2 billion recorded in the same period of 2025. It also exceeded the AED18.1 billion recorded across the whole of last year by 38.6%.
Transaction numbers rose from 4,037 a year earlier. The much faster increase in aggregate value than deal count makes the composition of sales important: the headline cannot be read as an equivalent increase in the price of every commercial property.
Off-plan offices account for most sales value
Al Bayan reported AED20.1 billion of office sales and AED4.9 billion of shop sales. These reported rounded components sum to AED25.0 billion, slightly below the AED25.1 billion headline total.
A separate analysis published by Al Masdar Al Akari on 2 October gives the office total as AED20.16 billion across 3,695 transactions. Of that, off-plan offices accounted for AED16.13 billion and 2,363 deals. Completed offices accounted for AED4.03 billion and 1,332 deals.
That puts off-plan offices at about 80% of office sales value and 64% of the number of transactions. The distinction matters when comparing a completed, income-producing office with a purchase whose use or rental income depends on future delivery.
Al Masdar also reported AED1.85 billion of office transactions in September, with 419 sales. The figures describe registered sales activity; they do not establish occupancy, rental income or future investment performance.
Imlaak analysis: What commercial buyers should examine
For a specific office, buyers should compare recent transactions in the same building or competing projects, alongside floor area, condition, permitted use and parking. A citywide value total combines properties with very different specifications and delivery dates.
An off-plan assessment should separately address construction progress, contractual completion dates, payment obligations and the cost of making the space ready for use. For completed offices, lease terms, vacancy and recurring operating costs are central to assessing the asset.
DLD’s public real-estate data portal provides separate transaction and project records, including property characteristics and project-status fields. These are useful starting points for checking an individual opportunity alongside its sale documents.
This commercial-market reading complements Imlaak’s September Dubai property-sales report. Keeping the two scopes separate helps buyers understand where activity is concentrated without treating one segment’s growth as a verdict on the entire market.
Source note: Al Bayan’s report is dated 3 October 2026; Al Masdar Al Akari’s office analysis is dated 2 October. Figures are attributed to those reports and have not been independently recomputed from DLD transaction records. Sources checked on 4 October 2026.