DIFC Records 47 Office Transactions in Q2 2026, Deal Value Surges 67% YoY
DIFC recorded 47 office lease transactions in Q2 2026, with total deal value surging 67% year-on-year to AED 890 million, reflecting both higher rents and larger average deal sizes.
Transaction Volume
The Dubai International Financial Centre recorded 47 office lease transactions in Q2 2026, representing a 23% increase in deal count versus Q2 2025. Aggregate deal value surged 67% year-on-year to AED 890 million, driven by higher headline rents and an increase in average deal size from 850 sqm to 1,240 sqm.
Notable Transactions
The quarter’s largest deal involved a global asset management firm securing 8,500 sqm in Gate Avenue at AED 340 per sqm per annum: a record for the district. A Tier-1 international law firm also committed to 6,200 sqm in Index Tower under a 7-year agreement.
Lease Structures
The average lease term signed in Q2 2026 was 4.8 years, up from 3.2 years in Q2 2024. Rent-free periods averaged just 0.8 months in Q2 2026, compared to 2.5 months in the prior year period.
Sector Breakdown
- Financial Services: 42% of transactions
- Legal & Professional Services: 21%
- Technology: 18%
- Commodities & Trading: 11%
- Other: 8%
Outlook
Deal pipeline for Q3 2026 is robust, with active requirements estimated at 25,000 sqm: far exceeding available Grade A space of approximately 8,000 sqm.
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Download the Titans Q2 2026 Dubai Prime Office Market Report.
