Dubai recorded 5,355 completed units in October 2025, up 189 per cent year-on-year from 1,853 in October 2024, but only 7 per cent were commercial spaces including retail, according to new data.
The figures reveal a gap between residential construction and commercial property development in a city that welcomes over 1,000 new residents daily.
In October 2024, only 1 per cent of new launches were for commercial space, with none for offices.
Dubai office space launches jump to 5% but still fall short of demand
By October 2025, this figure had grown to 6 per cent, with 5 per cent dedicated to office space.
Virtuzone, the UAE’s company formation and corporate services provider, reports it now registers approximately 500 new businesses every day in Dubai. The company supports entrepreneurs with tax domicile services, compliance and business management.
“The imbalance between residential and commercial supply is stark. While apartments continue to flood the market, thereโs a clear shortage of office and retail space. With hundreds of new businesses launching daily, this presents a major opportunity for developers and investors alike,” Lewis Allsopp, Chairman of Allsopp & Allsopp said in a statement.
Allsopp & Allsopp has partnered with Virtuzone to deliver a solution for entrepreneurs, investors and residents entering the Dubai market.
Virtuzone clients setting up new companies gain access to Allsopp & Allsopp’s commercial real estate portfolio, from offices and retail units to warehouses and land plots.
Allsopp & Allsopp clients purchasing property or relocating to Dubai can leverage Virtuzone’s expertise in company formation, tax, compliance and business management.
“This partnership combines two market leaders who share one goal – making it easier for people to live, work, and invest in Dubai. By linking business setup with commercial real estate, weโre bridging a crucial gap in the market and helping entrepreneurs turn opportunity into success,” George Hojeige, Group CEO of Virtuzone added.
