Park Lane Tower Offices in Business Bay

Park Lane Tower is a landmark 37-floor mixed-use tower in Business Bay, developed by IAH Project Development (through its subsidiary The Developer Properties LLC) and originally launched by KM Properties in 2006

The tower was designed by world-renowned architect Carlos Ott — known for the Opéra Bastille in Paris and the National Bank of Dubai — making it architecturally one of the most distinguished commercial towers in the district. Construction began in September 2007 and the tower was completed in March 2016. The master developer of the Business Bay community is Dubai Properties Group. At completion, the project was valued by Dubai Land Department at AED 353,742,000 (approx. USD 96.3 million). The tower is uniquely structured: the East Wing (floors 1–17) is dedicated exclusively to commercial office spaces, while floors 19–33 house the 5-star Tamani Hotel with 200 rooms, two pools, restaurants and gender-separate spas. Office tenants enjoy shared access to the hotel's full amenity stack — a proposition that is rare among commercial towers in Business Bay. Offices are fully fitted with high-quality finishes, dedicated parking, high-speed internet, conference rooms, manager's offices and reception areas. Sizes range from 538 to 990 sq.ft. The tower has Freehold title, and with a DLD average transaction price of ~AED 2,355/sq.ft and rental rates from AED 55,000 to AED 231,000/year, it delivers a compelling investment and occupancy proposition.