Palm JumeirahAED 3,627/sqftDubai Maritime CityAED 3,130/sqftDowntown DubaiAED 2,922/sqftDubai IslandsAED 2,751/sqftDubai Creek HarbourAED 2,567/sqftBusiness BayAED 2,563/sqftDubai MarinaAED 2,495/sqftDubai Hills EstateAED 2,436/sqftJumeirah Lakes TowersAED 2,271/sqftMohammed Bin Rashid CityAED 2,098/sqftAl JaddafAED 2,046/sqftJumeirah Village TriangleAED 1,666/sqftDubai SouthAED 1,645/sqftArjanAED 1,596/sqftJumeirah Village CircleAED 1,507/sqftDubai Sports CityAED 1,331/sqftALL DLD SALES · OFF-PLAN + EXISTINGPalm JumeirahAED 3,627/sqftDubai Maritime CityAED 3,130/sqftDowntown DubaiAED 2,922/sqftDubai IslandsAED 2,751/sqftDubai Creek HarbourAED 2,567/sqftBusiness BayAED 2,563/sqftDubai MarinaAED 2,495/sqftDubai Hills EstateAED 2,436/sqftJumeirah Lakes TowersAED 2,271/sqftMohammed Bin Rashid CityAED 2,098/sqftAl JaddafAED 2,046/sqftJumeirah Village TriangleAED 1,666/sqftDubai SouthAED 1,645/sqftArjanAED 1,596/sqftJumeirah Village CircleAED 1,507/sqftDubai Sports CityAED 1,331/sqftALL DLD SALES · OFF-PLAN + EXISTING
DLD · MEDIAN 12M TO SEP 2026
XL Tower

Commercial Building

XL Tower

LocationBusiness Bay
OwnershipFreehold

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Commercial Building

OVERVIEW

XL Tower is a commercial office building in Business Bay, Dubai, providing strata-titled commercial office accommodation within the district's established central business cluster. The building serves the broad mid-market commercial occupier base of Business Bay — professional services, financial services, technology, and regional corporate offices — drawn to the central Dubai location, Business Bay Metro Station connectivity, and the practical business environment of the Dubai Creek extension commercial cluster. The freehold ownership structure allows individual units to be purchased or leased, making XL Tower accessible to both individual investors and owner-occupier businesses targeting the Business Bay commercial strata market.

OFFICE STOCK AND TENANT PROFILE

XL Tower provides strata-titled commercial office units across its floors, serving the SME and professional services occupier profile that drives demand in Business Bay's mid-market strata commercial segment. The occupier base is consistent with the broader Business Bay commercial mix: financial services, professional services, technology, real estate, and regional corporate offices drawn to the central Dubai address and Metro connectivity. The strata structure supports a mix of owner-occupier and investor demand, with the Business Bay address providing a recognised central Dubai commercial presence at competitive pricing relative to DIFC and Downtown Dubai Grade A alternatives.

RENTAL MARKET

XL Tower is positioned within the mid-market tier of the Business Bay strata leasing segment, with rental rates competitive with comparable strata commercial products across the district. Business Bay's wide pricing spectrum and sustained occupier demand underpin consistent leasing activity at this tier. Standard strata lease terms of one to three years apply in Business Bay, with the central Dubai positioning and Metro Station access supporting occupier retention. The district's broad pricing range positions XL Tower within the mid-market band accessible to a wide range of business profiles across the district.

SALES MARKET

XL Tower 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 mid-market entry pricing. Business Bay's secondary market is active and liquid. 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. Business Bay's consistent occupier demand provides stable income support for strata investors through different phases of the market cycle.

LOCATION AND ACCESS

XL Tower 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, F&B, and hospitality infrastructure is established along the Dubai Creek extension waterfront. Bus connectivity and ride-hailing services supplement Metro access throughout Business Bay. Dubai International Airport is approximately 15 to 20 minutes by road in off-peak traffic conditions.

RISKS AND WATCHPOINTS

XL Tower faces the characteristic risks of Business Bay strata commercial stock: sustained new commercial supply delivery 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. Investors should verify the owners' association's financial position and reserve fund before acquiring any unit. Business Bay's pace of commercial development requires mid-market strata buildings to maintain competitive pricing and building condition to retain occupiers at renewal. 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 and any outstanding maintenance. Investors should model service charge levels into net yield calculations and assess the building's capital expenditure reserve position before acquiring any unit. Business Bay's sustained demand from regionally active businesses makes it one of Dubai's most resilient commercial districts for strata investment.

STRATEGIC PERSPECTIVE

XL Tower is a mid-market Business Bay strata commercial option suited to the broad range of occupiers drawn to the district's central Dubai positioning and Metro connectivity. Business Bay's scale, occupier diversity, and established business community infrastructure make it one of Dubai's most practical central commercial addresses across a wide range of business profiles. For investors, XL Tower provides yield-focused exposure to Business Bay's established commercial strata market at accessible entry pricing. Service charges, building condition, and individual unit inspection are the standard due diligence requirements before committing to any lease or acquisition in this building. Confirm service charges, verify individual unit condition, and assess the owners' association's governance and reserve fund before committing to any lease or acquisition. Business Bay's central Dubai positioning, Business Bay Metro Station connectivity, and established occupier community infrastructure provide the structural demand advantages that support consistent strata investment performance across market cycles.

Dubai Land Department register

DLD Market Record

Register extract · registered sales to 18 Aug 2026

Show sizes and rates in
Recorded sales
281register extract, to 18 Aug 2026
Recorded span
2009 – 2026
AED / sq ft
1,281median, all recorded sales to 18 Aug 2026
Registered DLD sales for this building, sortable by any column.
18 Aug 2026Office9711,165,2121,200
18 Aug 2026Office9631,155,6601,200
22 Jul 2026Shop2901,100,0003,793
20 Feb 2026Office8501,400,0001,647
19 Feb 2026Office9411,975,0002,099
18 Dec 2025Office8501,450,0001,706
8 Oct 2025Office9711,771,0001,824
7 Oct 2025Office9411,717,0001,825
21 Jul 2025Shop5621,095,0001,948
3 Jul 2025Office8971,435,2001,600

Showing 10 of 10 records held — the register extract published with this page.

Location

XL TowerBusiness Bay, Dubai

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