An article is devoted to description of the research results with the following objectives:

·    Working out the proper pricing model for Moscow office rental market based on the foregoers’ researches and microeconomic market analysis;

·    Testing developed model on the empirical data, results interpretation;

·    Calculation of the margin effects of the identified determinants on the rental rate level;

·    Identification where the market is on the real rental rates circle curve.

Research has a great practical significance due to rapidly increasing interest from Russian and foreign investors in Russian and especially Moscow real estate market, concerned its high return with moderate, decreasing over time risks.