Park Lane Tower is a commercial office building in Business Bay, Dubai, providing strata-titled commercial office accommodation within the district's established business cluster. The building occupies a position within the Business Bay mid-market strata segment, serving professional services, financial services, technology, and regional corporate occupiers drawn to the district's central Dubai positioning and Business Bay Metro Station connectivity. The freehold ownership structure allows individual units to be purchased or leased, with the Business Bay address delivering a recognised central Dubai commercial presence at competitive pricing relative to DIFC and Downtown Dubai Grade A alternatives.
Business Bay · Office
Park Lane Tower
29-storey freehold office building with column-free floors, completed 2011.
- Ownership
- Freehold
Commercial Building
Overview
Office stock
Park Lane Tower provides strata-titled commercial office units across its floors, accommodating the diverse occupier profile characteristic of Business Bay's mid-market commercial segment. Unit configurations serve SMEs, professional services practices, financial services operators, and regional corporate offices requiring defined office space within the Business Bay cluster. The occupier profile reflects the broader Business Bay mix: businesses drawn to the district's Metro connectivity, central Dubai address value, and the practical business amenity environment provided by the established commercial cluster along the Dubai Creek extension.
Rental rates
Park Lane Tower is positioned within the mid-market tier of the Business Bay strata leasing segment. Rental rates are competitive with comparable strata commercial products across the district, with the central Dubai location and Business Bay Metro Station access underpinning consistent occupier demand throughout the leasing cycle. The Business Bay district spans a wide pricing range, and Park Lane Tower competes within the mid-market band alongside comparable strata buildings. Lease terms typically range from one to three years for strata commercial assets in Business Bay.
Sales prices
Park Lane Tower strata units are available for purchase through the secondary market, with demand from individual investors and owner-occupiers targeting Business Bay commercial yield at mid-market entry pricing. The district's secondary market is active and liquid, supported by the depth and diversity of Business Bay's occupier base. Gross yields are consistent with the mid-market Business Bay strata benchmark. Buyers should confirm current service charge levels, the owners' association's reserve fund position, and individual unit condition before committing to any acquisition in the building.
Dubai Land Department register
Registered sales
Register extract · registered sales to 5 Oct 2026
Show sizes and rates in
- Recorded sales
- 474register extract, to 5 Oct 2026
- Recorded span
- 2009 – 2026
- AED / sq ft
- 1,322median, 467 unit sales to 5 Oct 2026
| 5 Oct 2026 | Office | 221 | 550,000 | 2,486 |
| 1 Oct 2026 | Office | 863 | 2,000,000 | 2,317 |
| 30 Sept 2026 | Office | 687 | 1,166,000 | 1,696 |
| 29 Sept 2026 | Office | 714 | 1,042,245 | 1,459 |
| 24 Sept 2026 | Office | 537 | 1,080,000 | 2,010 |
| 24 Sept 2026 | Office | 377 | 865,000 | 2,293 |
| 19 Aug 2026 | Office | 256 | 640,000 | 2,502 |
| 5 Aug 2026 | Office | 510 | 885,000 | 1,736 |
| 22 Jul 2026 | Office | 499 | 950,000 | 1,904 |
| 21 Jul 2026 | Office | 372 | 775,000 | 2,084 |
Showing 10 of 10 records held — the register extract published with this page.
These figures are registered per square metre — the unit the source data is recorded in, and the unit the basis line above describes. Shown here per square foot, divided by 10.7639, the exact number of square feet in a square metre. Nothing is estimated or re-measured — switch back to m² to read each figure exactly as registered.
The Dubai Land Department publishes rental contracts at project/tower level — there are no unit numbers in the register, so these figures describe the tower, not any specific unit.
Location and access
Park Lane Tower is located in Business Bay, with the Business Bay Metro Station (Red Line) providing direct public transport connectivity to Downtown Dubai, DIFC, Dubai Marina, and the broader metropolitan network. Sheikh Zayed Road and Al Khail Road are accessible within minutes, providing strong vehicle connectivity across Dubai. The Business Bay district's supporting retail, F&B, and hospitality infrastructure is established along the Dubai Creek extension waterfront promenade. Dubai International Airport is approximately 15 to 20 minutes by road in off-peak conditions. Bus connectivity and ride-hailing services are well-established throughout Business Bay, and the district's walkable Dubai Creek extension promenade provides a distinctive outdoor environment for building occupants.
Risks
Park Lane Tower faces the characteristic risks of Business Bay strata commercial stock: sustained supply delivery of new commercial towers applies ongoing competitive pressure on mid-market strata buildings, and the strata governance structure across multiple individual unit owners introduces management complexity. Building condition and service charge levels should be confirmed before any lease commitment, and investors should verify the owners' association's financial reserves and maintenance programme. The Business Bay market's pace of new supply delivery means older strata stock must maintain competitive pricing and building condition to retain occupier demand. Prospective occupiers should request the owners' association's most recent financial statements and service charge schedule before signing any lease, and should conduct a physical inspection of the specific unit they intend to occupy to assess fit-out condition. Investors should model service charge levels into net yield calculations and assess the building's capital expenditure reserve position. Business Bay's large and growing commercial inventory means that maintaining competitive pricing and building condition is critical for retaining occupiers at renewal.
Perspective
Park Lane Tower is a mid-market Business Bay strata commercial option suited to the broad range of occupiers attracted to the district's central Dubai positioning and Metro connectivity. The Business Bay address delivers a recognised commercial presence at pricing competitive with comparable strata products across the district. For investors, Park Lane Tower provides yield-focused exposure to Business Bay's established commercial strata market at mid-tier pricing. Service charges, building maintenance, and individual unit condition are the standard due diligence requirements before committing to any lease or acquisition in this building. Confirm service charges, verify building systems condition, and inspect the individual unit before committing. Business Bay's sustained demand from regionally active businesses makes it one of Dubai's most resilient commercial districts for mid-market strata investors.
Location
Park Lane Tower — Business Bay, Dubai
