Dubai Real Estate Rental Transactions - 23 March 2026
Dubai Rental Transactions
Registered Monday, 23 March 2026
Dubai recorded 3,376 rental transactions on Monday, 23 March 2026, with a total registered value of AED 3,997,689,938. Activity was weighted toward renewals in volume, while new contracts accounted for the larger share of value.
LUMENA by OMNIYAT, Business Bay, Dubai
Source: Building Arabia.
Transactions by Contract Type
| Category | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| New | 1129 | 2,921,598,229 | 796,075,812 |
| Renewed | 2247 | 1,076,091,708 | 293,213,000 |
| Grand Total | 3376 | 3,997,689,938 | 1,089,288,812 |
Transactions by Property Ownership Type
| Category | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| Free Hold | 1893 | 3,620,469,851 | 986,504,047 |
| Non Free Hold | 1483 | 377,220,086 | 102,784,765 |
| Grand Total | 3376 | 3,997,689,938 | 1,089,288,812 |
Transactions by Property Usage
| Category | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| Commercial | 623 | 2,602,075,101 | 709,012,289 |
| Industrial | 7 | 927,558 | 252,741 |
| Residential | 2733 | 1,392,008,302 | 379,293,815 |
| Storage | 1 | 70,345 | 19,168 |
| Other | 12 | 2,608,631 | 710,799 |
| Grand Total | 3376 | 3,997,689,938 | 1,089,288,812 |
Transactions by Property Type
| Category | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| A) Land | 11 | 2,550,631 | 695,000 |
| Other | 11 | 2,550,631 | 695,000 |
| A) Land Total | 11 | 2,550,631 | 695,000 |
| B) Unit | 2998 | 1,504,093,440 | 409,834,725 |
| Flat | 2116 | 1,034,423,050 | 281,859,142 |
| Hospital | 1 | 3,333,334 | 908,265 |
| Hotel | 12 | 2,410,000 | 656,676 |
| Kiosk | 2 | 54,631 | 14,886 |
| Labor Camps | 415 | 289,646,013 | 78,922,619 |
| Office | 194 | 66,279,858 | 18,059,907 |
| Parking | 1 | 64,000 | 17,439 |
| Restaurant | 2 | 408,221 | 111,232 |
| Resturants Complex | 1 | 4,960,000 | 1,351,499 |
| Shop | 199 | 82,137,541 | 22,380,801 |
| Showroom | 7 | 10,850,498 | 2,956,539 |
| Store | 2 | 1,944,152 | 529,742 |
| Studio | 9 | 251,750 | 68,597 |
| Supermarket, a multi-section | 2 | 360,000 | 98,093 |
| Warehouse | 34 | 6,654,551 | 1,813,229 |
| Workshop | 1 | 315,839 | 86,060 |
| B) Unit Total | 2998 | 1,504,093,440 | 409,834,725 |
| C) Villa | 197 | 67,871,434 | 18,493,579 |
| Complex Villas | 19 | 3,689,776 | 1,005,389 |
| Shop | 1 | 50,000 | 13,624 |
| Villa | 177 | 64,131,659 | 17,474,566 |
| C) Villa Total | 197 | 67,871,434 | 18,493,579 |
| D) Virtual Unit | 170 | 2,423,174,433 | 660,265,513 |
| Office | 168 | 2,422,572,633 | 660,101,535 |
| Shop | 1 | 451,800 | 123,106 |
| Warehouse | 1 | 150,000 | 40,872 |
| D) Virtual Unit Total | 170 | 2,423,174,433 | 660,265,513 |
| Grand Total | 3376 | 3,997,689,938 | 1,089,288,812 |
Top 10 Localities by Value
| Locality | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| Al Safouh Second | 33 | 2,419,201,701 | 659,183,025 |
| Al Goze Industrial Second | 135 | 429,448,330 | 117,015,894 |
| Dubai Investment Park First | 208 | 250,485,416 | 68,252,157 |
| Saih Shuaib 3 | 111 | 189,404,230 | 51,608,782 |
| Madinat Dubai Almelaheyah | 59 | 183,428,385 | 49,980,486 |
| Dubai Investment Park Second | 73 | 71,730,368 | 19,545,060 |
| Naif | 63 | 40,415,815 | 11,012,484 |
| Burj Khalifa | 79 | 32,813,889 | 8,941,114 |
| Al Barshaa South Third | 42 | 28,975,675 | 7,895,279 |
| Jabal Ali Industrial First | 206 | 27,280,467 | 7,433,370 |
The remaining activity was distributed across 133 other localities, with a combined value of AED 324,505,662. Among the next highest contributors were Al Warsan First, Al Merkadh, and Me'Aisem First.
Renewals continued to dominate transaction volume, while new contracts carried the larger share of capital deployment. Free Hold properties accounted for the majority of value, and commercial usage remained the primary value driver despite residential transactions leading in count.
At the property level, Virtual Unit transactions—primarily offices—accounted for the largest portion of total value. Within the Unit category, flats and labor camps represented the bulk of activity by volume. Al Safouh Second recorded the highest single-day value concentration, followed by Al Goze Industrial Second and Dubai Investment Park First.
Disclaimer
This report is based on publicly available market transaction summaries and compiled data related to Dubai real estate activity for the stated period.
Figures are presented for informational purposes only and may vary from final official statistics published by the Dubai Land Department (DLD).
1 US Dollar = 3.6725 UAE Dirhams
This material does not constitute financial or investment advice. Real estate investments involve risk and readers should conduct independent research before making any investment decisions.