Business Bay is a prime-tier Dubai submarket with average asking rent around AED 60/sqft/yr · ≈ $16.3 PSF/yr USD.

  • Average asking rent: AED 60/sqft/yr · ≈ $16.3 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: AED 145/sqft/yr · ≈ $39.4 PSF/yr USD ($39 USD).
  • Citywide vacancy: 5.8% — submarket-level availability is typically tighter at prime tier.

Business Bay, Dubai office rents and availability

Business Bay is a prime-tier Dubai submarket with average asking rent around AED 60/sqft/yr · ≈ $16.3 PSF/yr USD.

TL;DR

  • Average asking rent: AED 60/sqft/yr · ≈ $16.3 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: AED 145/sqft/yr · ≈ $39.4 PSF/yr USD ($39 USD).
  • Citywide vacancy: 5.8% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Business Bay averages around AED 60/sqft/yr · ≈ $16.3 PSF/yr USD for Class A, against a citywide Class A index of 145. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Central mixed-use Class A spine adjacent to Downtown. Real estate developers, tech, marketing, holding companies.

Key facts

cityDubai
submarketBusiness Bay
tierprime
averageRentLocalAED 60/sqft/yr · ≈ $16.3 PSF/yr USD
cityClassARentUsd$39/sqft/yr
cityVacancyPct5.8%

Frequently asked questions

What is the average Class A rent in Business Bay, Dubai?
Around AED 60/sqft/yr · ≈ $16.3 PSF/yr USD. The citywide Class A index sits at AED 145/sqft/yr · ≈ $39.4 PSF/yr USD.

Related

Editorial provenance

Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

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