Downtown / Business Bay is a prime-tier Dubai submarket with average asking rent around AED 220/sqft/yr · ≈ $59.8 PSF/yr USD.

  • Average asking rent: AED 220/sqft/yr · ≈ $59.8 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.

Downtown / Business Bay, Dubai office rents and availability

Downtown / Business Bay is a prime-tier Dubai submarket with average asking rent around AED 220/sqft/yr · ≈ $59.8 PSF/yr USD.

TL;DR

  • Average asking rent: AED 220/sqft/yr · ≈ $59.8 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

Downtown / Business Bay averages around AED 220/sqft/yr · ≈ $59.8 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

Largest contiguous trophy floor plates. Corporate HQs, professional services, regional headquarters.

Key facts

cityDubai
submarketDowntown / Business Bay
tierprime
averageRentLocalAED 220/sqft/yr · ≈ $59.8 PSF/yr USD
cityClassARentUsd$39/sqft/yr
cityVacancyPct5.8%

Frequently asked questions

What is the average Class A rent in Downtown / Business Bay, Dubai?
Around AED 220/sqft/yr · ≈ $59.8 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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