Dubai Real Estate Rentals Market Report 18 December 2025
Rental activity was solid with nearly 3,800 contracts signed, generating a total value of AED 792 million. New leases significantly outpaced renewals in both number and total value, a shift from recent trends. Business Bay and Dubai Investment Park Second led the market, driven by strong commercial and office leasing activity. Residential contracts continued to dominate the volume, though commercial leases captured nearly 40% of the total value.
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Source: Building Arabia.
Daily Rental Totals
Exchange Rate: AED 1 = USD 0.27
| Metric | Total (AED) | Total (USD) |
|---|---|---|
| Total Rental Value | 792,196,323 | 213,893,007 |
| Number of Contracts | 3,779 |
Contract Status
| Status | # of Contracts | Value (AED) | Value (USD) |
|---|---|---|---|
| New | 1,707 | 502,840,139 | 135,766,838 |
| Renewed | 2,072 | 289,356,184 | 78,126,170 |
| Total | 3,779 | 792,196,323 | 213,893,007 |
Ownership Type
| Type | # of Contracts | Value (AED) | Value (USD) |
|---|---|---|---|
| Free Hold | 2,082 | 605,194,876 | 163,402,617 |
| Non Free Hold | 1,697 | 187,001,447 | 50,490,391 |
| Total | 3,779 | 792,196,323 | 213,893,007 |
Property Usage
| Usage | # of Contracts | Value (AED) | Value (USD) |
|---|---|---|---|
| Residential | 2,796 | 477,588,895 | 128,949,002 |
| Commercial | 956 | 309,730,664 | 83,627,279 |
| Industrial | 15 | 3,710,931 | 1,001,951 |
| Other | 10 | 983,333 | 265,500 |
| Health Facility | 1 | 100,000 | 27,000 |
| Storage | 1 | 82,500 | 22,275 |
| Total | 3,779 | 792,196,323 | 213,893,007 |
Property Type Summary
| Type | # of Contracts | Value (AED) | Value (USD) |
|---|---|---|---|
| Unit (Flats, Offices, etc.) | 3,460 | 686,562,389 | 185,371,845 |
| Office | 472 | 208,840,935 | 56,387,052 |
| Flats | 2,188 | 201,447,242 | 54,390,755 |
| Labor Camps | 408 | 196,572,304 | 53,074,522 |
| Villa | 193 | 88,950,549 | 24,016,648 |
| Virtual Unit (Office/Shop) | 121 | 16,114,552 | 4,350,929 |
| Land | 5 | 568,833 | 153,585 |
| Total | 3,779 | 792,196,323 | 213,893,007 |
Top 10 Localities by Rental Value
| Locality | Value (AED) | Value (USD) | # of Contracts |
|---|---|---|---|
| Business Bay | 149,231,568 | 40,292,523 | 257 |
| Dubai Investment Park Second | 105,802,401 | 28,566,648 | 113 |
| Jabal Ali Industrial First | 82,296,643 | 22,220,094 | 243 |
| Burj Khalifa | 78,012,464 | 21,063,365 | 106 |
| Al Goze Industrial Second | 20,189,431 | 5,451,146 | 59 |
| Al Thanyah Fifth | 17,088,566 | 4,613,913 | 71 |
| Hadaeq Sheikh Mohammed Bin Rashid | 15,576,637 | 4,205,692 | 44 |
| Palm Jumeirah | 14,523,834 | 3,921,435 | 13 |
| Al Khairan First | 13,429,608 | 3,625,994 | 62 |
| Al Barsha South Fourth | 13,228,153 | 3,571,601 | 123 |
Other areas accounted for the remaining 281,817,058 AED (76,090,606 USD) across 2,543 contracts. Notable volume was seen in Al Warsan First, Marsa Dubai, Al Murqabat, and Nadd Hessa.
Disclaimer:
This report is based on publicly available data and Dubai Land Department (DLD) transaction summaries as of the date mentioned in the title of this post.
Final and detailed figures from the DLD may vary upon official release.
1 US Dollar = 3.672 UAE Dirhams
This report is merely informative, and all investments come with risk. You are responsible for your decisions.