The Exchange is a commercial office building in Business Bay, Dubai, providing strata-titled commercial office accommodation within the district's established business cluster. Distinct from The Exchange DIFC, The Exchange in Business Bay serves the broad commercial occupier base of the district — professional services, financial services, technology, and regional corporate offices seeking a central Dubai commercial address at mid-market pricing. The freehold ownership structure allows individual units to be purchased or leased, making the building accessible to individual investors and owner-occupier businesses across the Business Bay commercial market.
Business Bay · Office
The Exchange
40-storey freehold Grade A office tower on Marasi Drive by Al Fara'a, completed 2014.
- Ownership
- Freehold
Commercial Building
Overview
Office stock
The Exchange provides strata-titled commercial office units across its floors, accommodating a mix of SMEs, professional services firms, and regional corporate offices characteristic of the Business Bay mid-market strata segment. The Business Bay district's occupier base is diverse, spanning financial services, real estate, technology, management consultancy, and professional services — all of which contribute to consistent leasing demand throughout the district's commercial cycle. The strata structure supports both investor and owner-occupier demand, with the Business Bay address providing credibility and connectivity advantages that support retention across the occupier base.
Rental rates
The Exchange is positioned within the mid-market tier of the Business Bay strata leasing segment. Business Bay provides a wide pricing spectrum from accessible strata products to premium Grade A institutional towers, and The Exchange competes within the mid-market band alongside comparable strata commercial buildings in the cluster. The Business Bay Metro Station proximity and central Dubai positioning underpin consistent occupier demand. Rental rates are competitive relative to DIFC and Downtown Dubai Grade A alternatives, which supports the district's appeal to businesses for whom central Dubai connectivity is the primary requirement.
Sales prices
The Exchange strata units are available for purchase through the secondary market, with demand from individual investors and owner-occupiers attracted by the Business Bay address and accessible pricing. Business Bay's secondary market is active and liquid relative to smaller commercial districts, supported by the depth and diversity of the occupier base that drives consistent leasing demand. Gross yields are consistent with the mid-market Business Bay strata benchmark. Buyers should confirm service charge levels and the owners' association's financial reserves and governance quality before committing to any acquisition.
Dubai Land Department register
Registered sales
Register extract · registered sales to 5 Aug 2026
Show sizes and rates in
- Recorded sales
- 203register extract, to 5 Aug 2026
- Recorded span
- 2010 – 2026
- AED / sq ft
- 1,100median, 199 unit sales to 5 Aug 2026
| 5 Aug 2026 | Office | 1,426 | 2,300,000 | 1,613 |
| 12 Mar 2026 | Office | 2,007 | 3,750,000 | 1,868 |
| 10 Feb 2026 | Office | 2,356 | 4,500,000 | 1,910 |
| 3 Feb 2026 | Office | 1,570 | 2,835,000 | 1,806 |
| 2 Feb 2026 | Office | 2,276 | 3,600,000 | 1,582 |
| 15 Jan 2026 | Office | 1,748 | 4,500,000 | 2,575 |
| 8 Jan 2026 | Office | 2,004 | 3,608,010 | 1,800 |
| 21 Oct 2025 | Office | 1,880 | 3,520,000 | 1,873 |
| 16 Sept 2025 | Office | 1,705 | 3,500,000 | 2,053 |
| 15 Sept 2025 | Office | 1,750 | 3,550,000 | 2,029 |
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
The Exchange is located in Business Bay, with the Business Bay Metro Station (Red Line) providing direct public transport connectivity to Downtown Dubai, DIFC, and the broader metropolitan network. Sheikh Zayed Road and Al Khail Road provide strong vehicle connectivity across Dubai. The Business Bay district's supporting retail, hospitality, and F&B infrastructure is well-established along the Dubai Creek extension, providing a functional day-to-day business environment for building occupants. Dubai International Airport is approximately 15 to 20 minutes by road under typical traffic 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
The Exchange faces the characteristic risks of Business Bay strata commercial stock: sustained supply delivery of new commercial towers in one of Dubai's most active development markets applies ongoing competitive pressure on older and mid-market strata stock. The strata governance structure across multiple individual unit owners introduces management complexity that affects building maintenance consistency and service charge stability. Occupiers should confirm individual unit condition before committing to a lease, and investors should verify service charge levels and the owners' association's reserve fund position before committing to any acquisition. 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
The Exchange is a mid-market Business Bay strata commercial option providing central Dubai office presence at competitive pricing relative to DIFC and Downtown Dubai Grade A alternatives. The Business Bay district's Metro connectivity, central positioning, and established business community infrastructure make it a practical commercial address for a wide range of occupier profiles. For investors, it delivers yield-focused exposure to Business Bay's active commercial strata segment. Service charges, individual unit condition, and the owners' association governance 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
The Exchange — Business Bay, Dubai
