A new commercial project, The Yards Plaza, is expected to launch in Dubai’s City of Arabia. The project will become part of the developing THE YARDS destination, where a large residential cluster is already taking shape, while the launch of the third residential phase is also expected in the near future.
THE YARDS was introduced by BEYOND Developments as a large-scale master-planned project valued at around AED 4 billion. The first residential phase, Arancia, was launched in June 2026. The overall concept is focused on creating a large residential community with well-developed infrastructure and public spaces.
Against this backdrop, THE YARDS PLAZA is expected to complement the area with office and commercial spaces. Residential development is already expanding around the project, including apartments, villas, and townhouses, while the supply of modern commercial real estate in this part of City of Arabia remains relatively limited.
Why Dubai Commercial Real Estate Is Attracting Investor Attention
Dubai’s commercial real estate segment is showing strong activity in 2026, supported by limited availability of high-quality office space and stable demand from businesses.
According to CBRE, average office rents in Dubai increased by 13% year on year in the second quarter of 2026. Prime office rents rose by 16%, while office occupancy reached approximately 94%. CBRE links this trend in part to the limited supply of new high-quality office space.
DXB Interact statistics also indicate notable growth in commercial market activity. In March 2026, 412 commercial transactions were registered with a total value of approximately AED 2.18 billion. Transaction value increased by 81% year on year, while the median price per square foot rose by 99%, reaching AED 3,351.
THE YARDS PLAZA as an Investment Project
For investors, interest in The Yards Plaza may be driven primarily by the opportunity to enter the project at an early stage of the area’s development. As new residential projects and infrastructure are completed and the local population grows, potential demand for office, service, and retail spaces in City of Arabia may also increase.
From an investment perspective, such properties may be considered both for future resale and for generating rental income after completion. However, the final return will depend on the launch price, type of unit, payment terms, handover schedule, and the state of the commercial real estate market at the time the project is completed.
According to real estate agency MERADE, commercial real estate remains one of the Dubai property market segments worth particular attention in 2026, especially in emerging areas where residential development is progressing faster than commercial infrastructure.
The launch of The Yards Plaza is expected in the near future. Once the project is officially launched, detailed information on prices, layouts, unit sizes, and payment plans is expected to become available.
MERADE continues to monitor the development of THE YARDS and new commercial real estate projects in Dubai.