The world’s highest office space, located in Dubai’s Burj Khalifa, is attracting interest from Gulf family offices and investment funds from the US and Europe as it hits the market for $12.2 million amid a record year for the emirate’s commercial property sector.
The 6,073-square-foot shell and core space, which has never been occupied, offers its future owner the opportunity to design a bespoke workplace with 360-degree views of Dubai. The listing comes as the city’s office market sees unprecedented demand, with sales transactions reaching AED 6.5 billion ($1.77 billion) in 2024.
“Dubai’s reputation as a major commercial hub is due in no small part to its diverse and globally competitive commercial real estate options,” Imel Bitout, Associate Director at Christie’s International Real Estate Dubai, told Arabian Business. The property is being marketed without restrictions on potential buyers.
The offering follows a similar full-floor office sale in the iconic tower last November for AED 50 million, albeit on a lower floor. The timing of the listing coincides with a broader surge in Dubai’s commercial property market, which recorded 9,038 sales transactions worth $24.5 billion in 2024, marking a 24 per cent year-on-year increase, according to Commercial Real Estate Consultants (CRC).
The Burj Khalifa itself has maintained strong performance, generating AED 467.1 million in residential sales during 2024, according to Knight Frank data. The building marked its 15th anniversary this year and has accumulated AED 8.8 billion in total home sales since its 2010 inauguration.
The office listing emerges as Dubai faces a supply crunch in premium commercial space, with average secondary market prices for Grade A offices rising 27 per cent year-on-year to AED 1,417 per square foot in 2024, according to CRC data. The scarcity has been driven partly by the influx of over 70,000 new companies registering with the Dubai Chamber of Commerce last year.
The same building recently listed its highest residential property, dubbed “Sky Palace,” for $51 million, Invest in Dubai Real Estate (IDRE) exclusively told Arabian Business earlier this year. The 21,000-square-foot penthouse occupies the 108th floor and is also being offered as a shell unit, requiring an additional $4.9 million investment in renovations.
Occupants of the office space will have access to the building’s premium amenities, including At.mosphere – the world’s highest restaurant – as well as an observatory deck, state-of-the-art fitness facilities, and the Armani Hotel Dubai.
“Not only is this office arguably the most iconic in the world, it is also offered at a much more attractive value than would be the case in almost any other luxury property market globally,” Bitout said.
Follow us on
