finance
Arista Properties Pushes Ahead with Al Furjan HQ as Commercial Demand Rises
The local developer broke ground on its flagship office project amid a surge in Grade-A space needs from multinational firms.
How we reported this
Arista Properties broke ground on its flagship commercial development HQ in Al Furjan, with handover set for Q4 2027. The move positions the firm at the forefront of Dubai's commercial real estate activity as developers respond to demand for modern office space.
Market Sales Signal Strong Momentum
Dubai's office segment generated AED 2.62 billion in sales in Q2 2025, a 93 percent increase from the same quarter in 2024. Total commercial real estate transaction values reached AED 31 billion during that period, according to data from regional market reports. These figures reflect sustained interest from global companies seeking Grade-A offices in established districts.
New commercial development in Dubai Internet City is addressing rising demand from multinational firms in future-focused industries. Arista's project in Al Furjan adds to this activity, joining other launches such as OMNIYAT's 380-metre LUMENA ALTA on Sheikh Zayed Road and Al Habtoor Group's 1970 Office Tower priced at AED 5,000 per square foot.
Supply Pipeline Extends Through the Decade
More than 23.4 million square feet of new office space is expected across Dubai by 2030, supported by occupancy rates averaging near full capacity in free zones. DMCC is adding two Grade-A towers in Bur Dubai that will deliver over 500,000 square feet and double the zone's Grade-A capacity. Arista Properties' HQ forms part of this measured expansion, with the developer focusing on a location that serves growing business districts.
Developers continue to advance projects in response to current occupancy levels. The next phase will centre on timely handovers that match tenant requirements for quality space in established neighbourhoods such as Al Furjan and Dubai Internet City.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.
References Sourced but Not Limited to:
- arabianbusiness.com · Commercial real estate
- khaleejtimes.com · Uae developers in ground breaking mode as regional tension eases
- economymiddleeast.com · Dubai real estate office sales soar 93 percent commercial property...
- khaleejtimes.com · Uae commercial real estate defies regional tensions draws global talent...