Business Bay (prime, ~AED 60/sqft/yr · ≈ $16.3 PSF/yr USD) is one of 6 Dubai Class A submarkets we track.

  • Business Bay sits at prime tier.
  • Average rent AED 60/sqft/yr · ≈ $16.3 PSF/yr USD vs city average 145.
  • Compared submarkets: DIFC (trophy), Downtown / Business Bay (prime), Internet City & Media City (prime).

Business Bay vs other Dubai submarkets

Business Bay (prime, ~AED 60/sqft/yr · ≈ $16.3 PSF/yr USD) is one of 6 Dubai Class A submarkets we track.

TL;DR

  • Business Bay sits at prime tier.
  • Average rent AED 60/sqft/yr · ≈ $16.3 PSF/yr USD vs city average 145.
  • Compared submarkets: DIFC (trophy), Downtown / Business Bay (prime), Internet City & Media City (prime).

Side-by-side with peers

**DIFC** (trophy, AED 380/sqft/yr · ≈ $103 PSF/yr USD) — The financial free zone — English common law, separate court system. **Downtown / Business Bay** (prime, AED 220/sqft/yr · ≈ $59.8 PSF/yr USD) — Largest contiguous trophy floor plates. **Internet City & Media City** (prime, AED 160/sqft/yr · ≈ $43.5 PSF/yr USD) — Tech and media free zones. **Downtown Dubai** (trophy, AED 75/sqft/yr · ≈ $20.4 PSF/yr USD) — Burj Khalifa-adjacent trophy mixed-use. **Dubai Marina & JLT** (prime, AED 55/sqft/yr · ≈ $15 PSF/yr USD) — Western waterfront alternative cluster.

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 other submarkets compete with Business Bay in Dubai?
DIFC, Downtown / Business Bay, Internet City & Media City

Related

Editorial provenance

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

Primary sources for this page

Full sources index · Submit a correction

Related topics