Downtown Dubai commercial property sold and let prices
This page is for anyone buying, selling or leasing business property in Downtown Dubai. It shows what offices, shops and other business premises here actually sold for and actually let for, from the Dubai Land Department's own register. No asking prices and no listings. Free to read.
Offices, shops and warehouses, from the same register.
In the twelve months to 22 October 2026, 321 business resales were registered in Downtown Dubai at a median of AED 5.06 million, and 1,762 business tenancies were registered there. The sales were 301 hotel units, 16 offices, 3 shops and 1 whole tower. Source: Dubai Land Department registered sales and tenancies, each counted to the same day so the two halves cover the same days, the register read to 22 October 2026.
What business property sold for in Downtown Dubai
| Kind of premises | Registered | Middle price | A square foot |
|---|---|---|---|
| Hotel units | 301 | AED 4.72 million | AED 3,796 |
| Offices | 16 | AED 18 million | AED 4,560 |
| Shops | 3 | AED 4.0m to 5.5m | no sale to price |
| Whole tower | 1 | no sale to price | no sale to price |
What a business unit sold for, by size
| Size | Registered | Middle price | A square foot |
|---|---|---|---|
| under 500 sq ft | 3 | no sale to price | no sale to price |
| 500 to 1,000 sq ft | 121 | AED 3 million | AED 3,512 |
| 1,000 to 2,500 sq ft | 166 | AED 6.5 million | AED 4,007 |
| 2,500 to 10,000 sq ft | 29 | AED 17.8 million | AED 5,715 |
| over 10,000 sq ft | 2 | no sale to price | no sale to price |
What business property let for in Downtown Dubai
| Kind of premises | Registered | Middle annual rent, where a size is stated | A square foot |
|---|---|---|---|
| Hotel units | 708 | AED 210,000 | AED 190 |
| Offices | 580 | AED 900,022 | AED 227 |
| Shops | 472 | AED 1.07 million | AED 888 |
| Business premises | 2 | no letting to price | no letting to price |
What a business unit let for, by size
| Size | Registered | Rent for this size, middle or range | A square foot |
|---|---|---|---|
| under 500 sq ft | 77 | AED 255,919 | AED 839 |
| 500 to 1,000 sq ft | 343 | AED 147,626 | AED 191 |
| 1,000 to 2,500 sq ft | 573 | AED 340,000 | AED 211 |
| 2,500 to 10,000 sq ft | 251 | AED 1.2 million | AED 280 |
| over 10,000 sq ft | 23 | AED 3.5 million | AED 201 |
62 left out of these figures: the register files one contract's whole rent on each of the premises it covers, so such a row cannot say what one premises lets for. They are counted in the Registered column.
The register states no floor area for 495 of these lettings, so they are counted here and set none of the figures above. On the letting register those are very often a business address registered for a licence rather than a floor of an office, and folding them in pulls the middle a long way below what real premises cost.
1,052 of these were new tenancies and 710 were renewals of one already in place.
Home by home
29 towers in Downtown Dubai had a registered business sale or a registered business tenancy in the twelve months to 22 October 2026. The busiest are here; each one has a page of its own.
| Tower | Sales | Middle price | Lettings | Middle annual rent, where a size is stated |
|---|---|---|---|---|
| The Dubai Mall | 0 | no sale to price | 316 | AED 1.38 million |
| BD Boulevard Plaza | 0 | no sale to price | 207 | AED 1.28 million |
| The Address - The Blvd | 48 | AED 5.1 million | 114 | AED 200,000 |
| Vida Dubai Mall | 0 | no sale to price | 161 | AED 165,000 |
| The Address Residence - Sky View | 0 | no sale to price | 112 | AED 350,000 |
| Upper Crest | 10 | AED 1.91 million | 71 | AED 96,538 |
| The Address Residence-Fountain Views | 0 | no sale to price | 79 | AED 270,000 |
| Vida Residence Downtown Dubai | 0 | no sale to price | 79 | AED 185,000 |
| Burj Lake Hotel - The Address DownTown | 65 | AED 3.5 million | 0 | no letting to price |
| The Address Residence Fountain Views II | 0 | no sale to price | 64 | AED 285,000 |
| The Distinction | 10 | AED 2.1 million | 53 | AED 108,000 |
| Vida Residence Downtown | 35 | AED 4.6 million | 0 | no letting to price |
| The Address Residence Fountain Views III | 0 | no sale to price | 34 | AED 209,000 |
| Address Residences Sky View | 30 | AED 6.65 million | 0 | no letting to price |
| Address Fountain Views Residences - Tower 2 | 27 | AED 5.3 million | 0 | no letting to price |
| Address Fountain Views Residences - Tower 1 | 25 | AED 5.6 million | 0 | no letting to price |
| Address Fountain Views Hotel | 20 | AED 7.12 million | 0 | no letting to price |
| Vida Dubai Mall Tower 1 | 20 | AED 3 million | 0 | no letting to price |
| Elite Downtown Residence | 0 | no sale to price | 12 | no letting to price |
| Address Residences Sky View 2 | 11 | AED 7.65 million | 0 | no letting to price |
| Blvd Plaza T1 | 9 | AED 21.5 million | 0 | no letting to price |
| Opera Grand | 0 | no sale to price | 9 | no letting to price |
| Imperial Avenue | 2 | no sale to price | 6 | AED 200k to 2.0m |
| Burj Khalifa Towers | 0 | no sale to price | 7 | AED 200k to 4.5m |
| Grande | 0 | no sale to price | 6 | no letting to price |
| Burj Al Nujoom | 0 | no sale to price | 4 | no letting to price |
| DT 1 | 0 | no sale to price | 4 | AED 1.4m to 2.5m |
| RP Heights | 0 | no sale to price | 4 | no letting to price |
| Burj Vista | 0 | no sale to price | 3 | no letting to price |
The register names no tower for 1 of this district's registered business sales, so they are counted in the totals above and appear under no tower here.
How these figures are made
A registration is treated as business property when the Land Department's own record names it as one: an office, a shop, a showroom, a warehouse or workshop, a hotel unit, or a whole tower. Where the register names a unit inside a tower but not what kind, the use it records for that unit decides. Villas and plots are never treated as business property, because the register files many of Dubai's most expensive family homes under a commercial use.
The Land Department writes a use against every registration, and on a villa or a plot that field does not say whether the thing is a business or a home: the most expensive family homes in Dubai are filed under a commercial use. So the 282 villa and plot registrations in this district's register are left out of these figures rather than guessed at, and they are counted as homes.
On the sale register: 1 registration carries a description this desk has not been taught to read. It is counted here and left out of every figure until it is.
On the tenancy register: 136 registrations carry a description this desk has not been taught to read. They are counted here and left out of every figure until they are.
Every figure on this page is a transaction the Dubai Land Department has registered. None of them is an advert, an asking price or an estimate, and where the register holds too few of something to give a middle figure this page prints a range or a count instead of guessing one. Sales and tenancies are both counted over the twelve months to 22 October 2026, by the day each was registered.