Headline Class A rent in Dubai is around 145 AED/sqft/yr ($39 USD), with 3 months of typical rent-free on a 3-year term.
Headline Class A rent in Dubai is around 145 AED/sqft/yr ($39 USD), with 3 months of typical rent-free on a 3-year term.
Asking rents in Dubai are quoted in AED per sqft per year. Across the broad Class A index the figure is 145, but the trophy tier in DIFC reaches roughly AED 380/sqft/yr · ≈ $103 PSF/yr USD. Always discount headline rent by the present value of free rent and tenant improvement allowance to land on effective rent — the only number that compares cleanly across deals.
Standard Dubai concessions on a 3-year Class A lease run to 3 months of base-rent abatement. Trophy lease-ups can push rent-free 25–40% above that benchmark. Local cost-of-occupancy is also shaped by tax — Federal corporate tax of 9% on profits over AED 375,000 — applied since 2023. No personal income tax. No VAT on commercial leases (5% VAT on most other goods/services).
DIFC sits at the top end (~AED 380/sqft/yr · ≈ $103 PSF/yr USD). Downtown / Business Bay clears around AED 220/sqft/yr · ≈ $59.8 PSF/yr USD as the prime tier. The full submarket map is on the Dubai city page.
| city | Dubai |
|---|---|
| country | United Arab Emirates |
| region | EMEA |
| classARentLocal | 145 AED/sqft/yr |
| classARentUsd | $39/sqft/yr |
| vacancy | 5.8% |
| typicalLeaseYears | 3 |
| typicalRentFreeMonths | 3 |
| submarkets | 6 |
| primeYieldPct | 7.5% |
| trophyRent | AED 380/sqft/yr · ≈ $103 PSF/yr USD |
| primeRent | AED 220/sqft/yr · ≈ $59.8 PSF/yr USD |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.