Emaar Square Building 3 is a nine-storey office building in Downtown Dubai, one of six low-rise buildings that make up the Emaar Square business complex beside The Dubai Mall and Burj Khalifa. It is commercial, not residential, so most people searching for it want to lease an office or understand who owns it. This guide covers both: the building’s basic facts, how to reach it, how its ownership changed in 2024, what asking rents look like in current listings, and what to check before signing anything.
Emaar Square Building 3 at a Glance
The table below pulls together what property portals, news coverage and law-firm announcements report. Where sources disagree, the difference is noted rather than smoothed over.
| Detail | What sources report |
| Location | Emaar Square, Downtown Dubai, close to The Dubai Mall and Burj Khalifa |
| Type | Commercial offices, including some business-centre units |
| Developer | Emaar Properties |
| Floors | Nine (Bayut and Dubizzle building data) |
| Reported size | 378,885 sq ft (2024 sale coverage); one portal lists 254,844 sq ft of building area |
| Owner | Driven Properties, which bought the building in 2024 and uses it as its headquarters |
| Parking | Described as basement or covered; confirm for each unit |
| Metro | Burj Khalifa/Dubai Mall station; walking time varies by source |
The two size figures are a good example of why you should ask for the registered area of any specific unit. The sources do not explain the gap, and it may simply reflect different measurement bases.
Where Building 3 Sits Within Emaar Square
Emaar Square is arranged as six low-rise buildings in two clusters of three, set around landscaped courtyards. Emaar markets the precinct as “The Centre of Now” and places it next to The Address Dubai Mall hotel, with views toward Burj Khalifa.
Figures for the whole complex vary depending on who is describing it. Bayut gives a total area of 2.6 million sq ft, one agent listing cites more than 1,000,000 sq ft of office and retail space, and another breaks it down as roughly 629,000 sq ft of offices and 62,000 sq ft of ground-level retail. Completion dates are also inconsistent: most sources say 2007, while one portal lists 2010 for a neighbouring building. If you need an exact figure for a business case or due-diligence file, take it from the title deed or the landlord rather than a portal summary.
An agent listing for the complex names HSBC and PwC among its corporate occupiers. I could not verify which buildings those tenants use, so treat that as a general indication of the complex’s profile, not a statement about Building 3.
The 2024 Sale to Driven Properties
In November 2024, Arabian Business reported that Driven Properties had bought Emaar Square Building 3 for AED 505 million (about USD 137.5 million), describing it as Downtown Dubai’s largest real estate deal of the year up to that point. The law firm King & Spalding, which advised Driven, put the building’s size at 378,885 sq ft. Driven’s management said the purchase was made through a dedicated fund and that the company would relocate its headquarters to the building.
For a prospective tenant, the practical meaning is simple: the landlord is no longer Emaar. Driven Properties also lists offices in Building 3 on its own website, so you may deal with the owner’s brokerage directly. Before you pay a deposit, confirm in writing who the landlord is, who manages the building, and who you pay service charges to.
Location and Getting There
By Metro and on foot
The nearest station is Burj Khalifa/Dubai Mall on the Red Line. Several listings describe an air-conditioned travellator or walkway linking the station, The Dubai Mall and the Emaar Square basements, which matters a great deal during Dubai’s summer months.
Walking-time estimates differ. Bayut lists the Burj Khalifa/Dubai Mall station at around seven minutes from Building 3, with Business Bay station at six minutes and Financial Centre station at eight. For other Emaar Square buildings, sources quote anywhere from five to thirteen minutes. The honest takeaway is that the Metro is within a reasonable walk, but you should time the route yourself from the exact entrance your staff will use.
By road and bus
Listings describe quick links to Sheikh Zayed Road, Business Bay and DIFC. Bayut names Dubai Mall Side A (about five minutes away) and Mazaya Centre 1 (about ten minutes) as nearby bus stops, and notes that taxis are readily available.
Parking needs a direct question rather than an assumption. Bayut says each unit has a reserved space, yet one Dubizzle listing for a small unit in the building says parking is not available. The number of bays can vary by unit and by lease.
What is nearby
The Dubai Mall is roughly five minutes away according to Bayut, and the same page lists restaurants such as Vietnamese Foodies, Wakame and At.mosphere in Burj Khalifa within about four to six minutes. Sofitel Dubai Downtown is described as a ten-minute walk from the complex, which is handy for visiting clients. If you are weighing other Downtown addresses, our guide to Boulevard Central Tower 1 in Downtown Dubai covers another building in the area.
What You Get Inside the Building
Portal data describes a nine-storey building with a 24-hour front desk, meeting or conference rooms and basement or covered parking. Unit formats vary widely:
- Business-centre units: the smallest listings found were about 242 sq ft, suited to a founder or a small team that wants a furnished desk and a Downtown address.
- Fitted and furnished offices: many listings are advertised as plug-and-play, meaning furniture and fit-out are already in place.
- Larger floors: listings run into the thousands of square feet, including a half-floor option. Bayut states that offices typically range from about 2,550 to 8,645 sq ft, based on service-charge data from the Dubai Land Department.
Some listings advertise Burj Khalifa views or courtyard-facing units. Those are marketing descriptions from agents, so confirm the view during a visit.
What Do Offices Cost in Building 3?
There is no single published rate card, so the most honest approach is to look at asking rents in current listings. The examples below were visible in October 2026 and are annual asking rents. The per-square-foot figures are my own calculations from the listed numbers.
| Size | Annual asking rent | Approx. AED per sq ft | Listing notes |
| 242 sq ft | AED 239,580 | 990 | Business-centre unit |
| 465 sq ft | AED 470,000 | 1,011 | Furnished |
| 1,500 sq ft | AED 1,650,000 | 1,100 | Fully furnished, plug and play |
| 1,808 sq ft | AED 1,050,448 | 581 | Furnished, advertised as all bills included |
Two points help in reading this table. First, small furnished or serviced units cost far more per square foot because the rent usually covers furniture, utilities and reception services. Second, asking prices are a starting point for negotiation, not a market average. For context, a fitted 5,528 sq ft office in neighbouring Building 4 was listed at AED 1,934,747, about AED 350 per sq ft. Bayut also notes that Emaar Square rents tend to run higher than in surrounding communities, which fits what the listings show.
Listings change quickly, so use these figures to set expectations, not as a quote.
Is Building 3 the Right Fit?
Reasons it works for many businesses:
- A recognised Downtown address with Metro and Dubai Mall access
- Low-rise layout, which avoids the long lift waits common in tall towers
- Flexible formats, from a single furnished office to large floors
- Dining, hotels and meeting venues close by
Trade-offs to weigh:
- Asking rents are high compared with many other business districts
- Parking and unit areas are not uniform, so you must check each unit
- Ownership changed recently, so management contacts and processes may differ from older reviews online
A small consultancy that values client-facing prestige and walkable meetings may find the premium worthwhile. A cost-sensitive start-up with no client visits may do better comparing options in Business Bay, such as the one covered in our Prism Tower guide.
A Practical Checklist Before You Lease
- Confirm the landlord and managing agent. Because the building was sold in 2024, ask for proof of ownership and the authorised signatory.
- Verify the area and fit-out. Ask for the registered area of the exact unit and a measured floor plan, since published building sizes differ.
- Clarify what is included. Get a written list covering service charges, electricity, district cooling, internet and the number of parking bays.
- Check licensing suitability. One JLL listing for a neighbouring building describes the complex as an onshore, non-free-zone location. Confirm with Dubai’s licensing authority that your business activity can be licensed at this address.
- Register the tenancy. Dubai commercial leases are generally registered through Ejari, so confirm the current requirements with the Dubai Land Department before paying.
- Check the listing permit. Portal listings show permit and agent registration numbers, which you can verify with the regulator.
- Visit at a busy time. Test the Metro walk, the lift waits and the parking entrance during rush hour.
This article is general information, not legal or financial advice. For a lease with significant financial commitment, have a lawyer review the contract.
Frequently Asked Questions
Is Emaar Square Building 3 a residential building?
No. It is a commercial office building. Residential towers in Downtown Dubai are separate developments.
Who owns Emaar Square Building 3?
Driven Properties bought the building in 2024 for AED 505 million, as reported by Arabian Business and King & Spalding. Ownership can change, so verify the current landlord before signing.
How many floors does it have?
Bayut and Dubizzle both describe it as a nine-storey building.
How far is it from the Metro?
Bayut gives about seven minutes on foot to Burj Khalifa/Dubai Mall station for Building 3. Other sources quote different times for different buildings in the complex, and a covered walkway or travellator is mentioned in several listings.
Can I rent a small or serviced office there?
Listings in October 2026 included business-centre units starting around 242 sq ft. Availability changes constantly, so ask the landlord or a registered agent for current options.
Conclusion
Emaar Square Building 3 combines a prime Downtown location, Metro and mall access, and a wide range of office sizes, at a price premium. The most useful facts to carry away are that it is a nine-storey commercial building, that Driven Properties bought it in 2024 for AED 505 million, and that unit-level details such as area, parking and what the rent includes vary enough to need checking in writing.
Your next step is to shortlist two or three units, run through the checklist above and compare them with alternatives. Our guides to API World Tower and Prism Tower in Business Bay are good places to start that comparison.
