Downtown Dubai is a trophy-tier Dubai submarket with average asking rent around AED 75/sqft/yr · ≈ $20.4 PSF/yr USD.

  • Average asking rent: AED 75/sqft/yr · ≈ $20.4 PSF/yr USD.
  • Tier: trophy.
  • 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 trophy tier.

Downtown Dubai, Dubai office rents and availability

Downtown Dubai is a trophy-tier Dubai submarket with average asking rent around AED 75/sqft/yr · ≈ $20.4 PSF/yr USD.

TL;DR

  • Average asking rent: AED 75/sqft/yr · ≈ $20.4 PSF/yr USD.
  • Tier: trophy.
  • 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 trophy tier.

Where rent sits

Downtown Dubai averages around AED 75/sqft/yr · ≈ $20.4 PSF/yr USD for Class A, against a citywide Class A index of 145. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Burj Khalifa-adjacent trophy mixed-use. Multinational HQs, hospitality, retail HQs, consultancies.

Key facts

cityDubai
submarketDowntown Dubai
tiertrophy
averageRentLocalAED 75/sqft/yr · ≈ $20.4 PSF/yr USD
cityClassARentUsd$39/sqft/yr
cityVacancyPct5.8%

Frequently asked questions

What is the average Class A rent in Downtown Dubai, Dubai?
Around AED 75/sqft/yr · ≈ $20.4 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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