Downtown Dubai commercial property sold and let prices

Business property

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 premisesRegisteredMiddle priceA square foot
Hotel units301AED 4.72 millionAED 3,796
Offices16AED 18 millionAED 4,560
Shops3AED 4.0m to 5.5mno sale to price
Whole tower1no sale to priceno sale to price

What a business unit sold for, by size

SizeRegisteredMiddle priceA square foot
under 500 sq ft3no sale to priceno sale to price
500 to 1,000 sq ft121AED 3 millionAED 3,512
1,000 to 2,500 sq ft166AED 6.5 millionAED 4,007
2,500 to 10,000 sq ft29AED 17.8 millionAED 5,715
over 10,000 sq ft2no sale to priceno sale to price

What business property let for in Downtown Dubai

Kind of premisesRegisteredMiddle annual rent, where a size is statedA square foot
Hotel units708AED 210,000AED 190
Offices580AED 900,022AED 227
Shops472AED 1.07 millionAED 888
Business premises2no letting to priceno letting to price

What a business unit let for, by size

SizeRegisteredRent for this size, middle or rangeA square foot
under 500 sq ft77AED 255,919AED 839
500 to 1,000 sq ft343AED 147,626AED 191
1,000 to 2,500 sq ft573AED 340,000AED 211
2,500 to 10,000 sq ft251AED 1.2 millionAED 280
over 10,000 sq ft23AED 3.5 millionAED 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.

TowerSalesMiddle priceLettingsMiddle annual rent, where a size is stated
The Dubai Mall0no sale to price316AED 1.38 million
BD Boulevard Plaza0no sale to price207AED 1.28 million
The Address - The Blvd48AED 5.1 million114AED 200,000
Vida Dubai Mall0no sale to price161AED 165,000
The Address Residence - Sky View0no sale to price112AED 350,000
Upper Crest10AED 1.91 million71AED 96,538
The Address Residence-Fountain Views0no sale to price79AED 270,000
Vida Residence Downtown Dubai0no sale to price79AED 185,000
Burj Lake Hotel - The Address DownTown65AED 3.5 million0no letting to price
The Address Residence Fountain Views II0no sale to price64AED 285,000
The Distinction10AED 2.1 million53AED 108,000
Vida Residence Downtown35AED 4.6 million0no letting to price
The Address Residence Fountain Views III0no sale to price34AED 209,000
Address Residences Sky View30AED 6.65 million0no letting to price
Address Fountain Views Residences - Tower 227AED 5.3 million0no letting to price
Address Fountain Views Residences - Tower 125AED 5.6 million0no letting to price
Address Fountain Views Hotel20AED 7.12 million0no letting to price
Vida Dubai Mall Tower 120AED 3 million0no letting to price
Elite Downtown Residence0no sale to price12no letting to price
Address Residences Sky View 211AED 7.65 million0no letting to price
Blvd Plaza T19AED 21.5 million0no letting to price
Opera Grand0no sale to price9no letting to price
Imperial Avenue2no sale to price6AED 200k to 2.0m
Burj Khalifa Towers0no sale to price7AED 200k to 4.5m
Grande0no sale to price6no letting to price
Burj Al Nujoom0no sale to price4no letting to price
DT 10no sale to price4AED 1.4m to 2.5m
RP Heights0no sale to price4no letting to price
Burj Vista0no sale to price3no 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.