Matt Hewitt summarized Savills Middle East's recent Q2 2025 report that shows Dubai's office market experiencing 36% year-over-year rent growth, though 11 of 23 submarkets saw no quarterly change indicating stabilization in some areas.

The market is driven by limited supply and strong demand, with ~1M sqft of new office space is expected in late 2025 to Q1 2026, largely pre-committed to tenants. Financial services, technology, and consulting sectors accounted for 84% of the reported leasing transactions, while 44% of Savills' Q2 enquiries were for large spaces between 10k-20k sqft.

Emerging trends include landlords favoring global brands and institutional tenants, the increased adoption of flexible space strategies, and growing interest in Dubai South and Expo City due to affordability and accessibility.