Upper Hill is a trophy-tier Class A submarket of Nairobi with average asking rent around KSh1,400/sqm/mo · ≈ $12.2 PSF/yr USD.
Established financial trophy core. · Tier: trophy · Avg rent: KSh1,400/sqm/mo · ≈ $12.2 PSF/yr USD
Upper Hill anchors Nairobi's established financial trophy core — UAP Old Mutual Tower, Britam Tower, and deep banking and insurance tenancy.
Banking, insurance, multinational corporate, professional services.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Bus only; near Railway Station SGR.
Multi-modal transit captures the metro's principal professional catchment.
Upper Hill Square retail, Nairobi Hospital adjacent.
Upper Hill is one of 5 Class A submarkets we cover in Nairobi, classified as trophy tier with an average asking rent around KSh1,400/sqm/mo · ≈ $12.2 PSF/yr USD. Compared with the broader Nairobi Class A stock, Upper Hill typically attracts Banking, insurance, multinational corporate, professional services and competes most directly with the city's other trophy submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Upper Hill: Westlands, Gigiri (UN Corridor), CBD (Historic), Mombasa Road & JKIA Corridor. The full Nairobi submarket atlas is at /cities/nairobi.
For an institutional Class A occupier evaluating Upper Hill, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Nairobi Class A leasing and to the trophy tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.