Downtown / Business Bay's tenant base is anchored by corporate hqs, professional services, regional headquarters.

• Tier: prime.
• Tenant character: Largest contiguous trophy floor plates.
• Average rent: AED 220/sqft/yr · ≈ $59.8 PSF/yr USD.

TL;DR

• Tier: prime.
• Tenant character: Largest contiguous trophy floor plates.
• Average rent: AED 220/sqft/yr · ≈ $59.8 PSF/yr USD.

Who clusters here

Corporate HQs, professional services, regional headquarters.

What that means for newcomers

Newcomers to Downtown / Business Bay should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

Frequently asked questions

What kind of tenants lease in Downtown / Business Bay?

Corporate HQs, professional services, regional headquarters.

Related

• Downtown / Business Bay — submarket overview
• Dubai — full city profile
• Dubai submarkets — all
• Downtown / Business Bay — Rents
• Downtown / Business Bay — Transit
• Downtown / Business Bay — Amenity
• Downtown / Business Bay — Buildings

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

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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