Downtown Dubai is best-fit for multinational hqs, hospitality, retail hqs, consultancies.
Downtown Dubai is best-fit for multinational hqs, hospitality, retail hqs, consultancies.
Multinational HQs, hospitality, retail HQs, consultancies.
Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.
| city | Dubai |
|---|---|
| submarket | Downtown Dubai |
| tier | trophy |
| averageRentLocal | AED 75/sqft/yr · ≈ $20.4 PSF/yr USD |
| cityClassARentUsd | $39/sqft/yr |
| cityVacancyPct | 5.8% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.