CBD (Historic) (prime, ~KSh900/sqm/mo · ≈ $7.83 PSF/yr USD) is one of 5 Nairobi Class A submarkets we track.

  • CBD (Historic) sits at prime tier.
  • Average rent KSh900/sqm/mo · ≈ $7.83 PSF/yr USD vs city average 1300.
  • Compared submarkets: Westlands (trophy), Upper Hill (trophy), Gigiri (UN Corridor) (prime).

CBD (Historic) vs other Nairobi submarkets

CBD (Historic) (prime, ~KSh900/sqm/mo · ≈ $7.83 PSF/yr USD) is one of 5 Nairobi Class A submarkets we track.

TL;DR

  • CBD (Historic) sits at prime tier.
  • Average rent KSh900/sqm/mo · ≈ $7.83 PSF/yr USD vs city average 1300.
  • Compared submarkets: Westlands (trophy), Upper Hill (trophy), Gigiri (UN Corridor) (prime).

Side-by-side with peers

**Westlands** (trophy, KSh1,500/sqm/mo · ≈ $13 PSF/yr USD) — Trophy commercial corridor. **Upper Hill** (trophy, KSh1,400/sqm/mo · ≈ $12.2 PSF/yr USD) — Established financial trophy core. **Gigiri (UN Corridor)** (prime, KSh1,100/sqm/mo · ≈ $9.57 PSF/yr USD) — Diplomatic and NGO enclave. **Mombasa Road & JKIA Corridor** (established, KSh700/sqm/mo · ≈ $6.09 PSF/yr USD) — Logistics and back-office belt.

Key facts

cityNairobi
submarketCBD (Historic)
tierprime
averageRentLocalKSh900/sqm/mo · ≈ $7.83 PSF/yr USD
cityClassARentUsd$11/sqft/yr
cityVacancyPct21.4%

Frequently asked questions

What other submarkets compete with CBD (Historic) in Nairobi?
Westlands, Upper Hill, Gigiri (UN Corridor)

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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