As we are already headed in 2022, Dubai’s commercial real estate property market is on the new peaks. After last year’s pandemic impacts, the affected industry seems to be bouncing back now. 

As per the latest 2021 commercial property market report, we can see a rise of around 19% in the total number of transactions. This growth leads to an overall unit sales value of almost 30.88 billion. The report signifies the growing demand in the industry and it seems to only rise further with the passing time. The prices for both leasing and sales are all on the rise. 

In 2020, these numbers witnessed a great hit and even dropped to an all-time low. The last year was all about the recovery of the commercial property market in Dubai. Since the market seems to be bouncing back with potential, the investors are again getting confidence in the industry. 
 

Business owners and entrepreneurs are looking forward to a bright future in the real estate industry. For all those who are seeking world-class business exposure with minimal operational restrictions, Dubai is the best answer.  
 

Key Takeaway From Statistics Report 

As per the 2021 year’s report finding, the commercial property growth is predicted to only rise in 2022 & beyond. Here are some of the major headline data from the report: 

 

1. Commercial Sales

With the prices increasing in sales & leasing in 2020, we can find a rise of 19% in the total number of sales transactions. A similar trend is to continue as the business and economy see growth. 

In 2022, the demand for corporate offices and retail spaces are also increasing. Specifically, the growth accounted for a 1% and 3% increase respectively. The new buyer registration is also witnessing tremendous growth with more investments in the warehouse sector. Although, warehouse growth is not for the whole Dubai market. 
 

2. Commercial Leasing

As per the data, the average transaction number for commercial real estate Dubai leasing has increased by 15% and the entire retail grew by 126%. This data in the year 2020 is enough to visualize the future growth of commercial leasing in the business hub, Dubai. With the growth of the market, the number of tenants has also increased by around 58%. Warehouses and offices are two of the commercial spaces with huge preference among the investors & both have witnessed a rise of 60% and 47% respectively. 
 

Final Word 

Although the years 2020 & 2021 were full of uncertainty because of the pandemic hit, the commercial real estate Dubai picture is clear now. Investors are trusting the city again and the area is already locking big deals. EXPO 2020 has contributed a lot in attracting global-scale business and quick investments. We hope our report on Dubai’s growing retail market serves beneficial to every reader.

Dubai, the place with the tallest buildings in the world, is heaven for the real estate market. We, RGESTATE.COM (by Riveria Global), are a fast-growing real estate agency in Dubai. We have been helping people invest in selling and buying properties in Dubai with our real estate investment website since 2008. We offer top-notch homes for sale and rent in Dubai as well as full-service property management. We help customers in locating luxurious, inspirational, and ideal properties.