Dubai Real Estate Rentals Market Report 18 February 2026
Dubai Real Estate Rental Transactions Report
Wednesday, 18 February 2026
Market Review
Dubai’s real estate rental registry recorded 3,436 lease contracts on Wednesday, 18 February 2026, with a total registered value of AED 1.26 billion. Renewed contracts exceeded new contracts in both transaction count and value, while Free Hold and Non Free Hold properties recorded nearly identical volumes, with Non Free Hold accounting for the higher aggregate value.
Residential usage represented the majority of contracts, while commercial and industrial assets contributed a substantial share of total value. Leasing activity was geographically broad, with higher-value concentrations observed in selected industrial and mixed-use localities.
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Source: Building Arabia.
Transaction Breakdown
By Contract Type
| Contract Type | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| New | 1,444 | 594,061,939 | 161,763,066 |
| Renewed | 1,992 | 669,927,586 | 182,421,282 |
| Grand Total | 3,436 | 1,263,989,526 | 344,184,348 |
By Property Ownership Type
| Ownership Type | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| Free Hold | 1,711 | 518,086,405 | 141,074,928 |
| Non Free Hold | 1,725 | 745,903,121 | 203,109,420 |
| Grand Total | 3,436 | 1,263,989,526 | 344,184,348 |
By Property Usage
| Property Usage | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| Commercial | 838 | 465,423,502 | 126,734,820 |
| Educational facility | 1 | 3,622,500 | 986,407 |
| Industrial | 9 | 2,176,717 | 592,720 |
| Residential | 2,574 | 783,939,201 | 213,466,644 |
| Storage | 1 | 139,150 | 37,891 |
| Other | 13 | 8,688,455 | 2,365,866 |
| Grand Total | 3,436 | 1,263,989,526 | 344,184,348 |
Property Type Breakdown
| Property Type | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| A) Land | |||
| Other | 11 | 8,608,455 | 2,344,082 |
| B) Unit | |||
| Complex Warehouse | 7 | 1,157,020 | 315,057 |
| Flat | 2,061 | 216,138,200 | 58,854,432 |
| Hotel | 27 | 5,411,720 | 1,473,611 |
| Kiosk | 3 | 262,000 | 71,343 |
| Labor Camps | 288 | 517,511,763 | 140,918,453 |
| Ladies Saloon | 1 | 92,000 | 25,052 |
| Mezzanine | 1 | 63,000 | 17,155 |
| Nursery | 2 | 2,451,240 | 667,473 |
| Office | 282 | 89,574,792 | 24,391,216 |
| Open space | 1 | 63,525 | 17,298 |
| Parking | 1 | 200,000 | 54,460 |
| Restaurant | 2 | 350,000 | 95,305 |
| School | 1 | 3,622,500 | 986,407 |
| Service Center | 1 | 23,000 | 6,263 |
| Shop | 277 | 95,151,384 | 25,909,722 |
| Showroom | 12 | 7,675,593 | 2,090,064 |
| Storage | 1 | 40,000 | 10,892 |
| Store | 3 | 624,595 | 170,077 |
| Studio | 16 | 914,000 | 248,882 |
| Warehouse | 45 | 7,936,681 | 2,161,158 |
| Workshop | 2 | 432,570 | 117,789 |
| Other | 4 | 190,000 | 51,737 |
| C) Villa | |||
| Clinic | 1 | 500,000 | 136,150 |
| Complex Villas | 8 | 1,285,977 | 350,172 |
| Shop | 2 | 545,000 | 148,404 |
| Villa | 202 | 48,407,612 | 13,181,393 |
| D) Virtual Unit | |||
| Office | 174 | 254,756,898 | 69,370,304 |
| Grand Total | 3,436 | 1,263,989,526 | 344,184,348 |
Locality Distribution
Top 10 Localities by Value
| Locality | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| Jabal Ali Industrial First | 165 | 361,815,696 | 98,522,414 |
| Al Safouh Second | 23 | 252,907,882 | 68,866,816 |
| Saih Shuaib 3 | 59 | 130,221,832 | 35,459,405 |
| Trade Center First | 57 | 52,017,725 | 14,164,426 |
| Business Bay | 178 | 38,693,828 | 10,536,329 |
| Al Kheeran | 16 | 27,183,560 | 7,402,083 |
| Madinat Dubai Almelaheyah | 30 | 21,163,698 | 5,762,875 |
| Wadi Al Safa 6 | 8 | 20,043,594 | 5,457,871 |
| Burj Khalifa | 80 | 16,280,250 | 4,433,112 |
| Naif | 75 | 15,878,648 | 4,323,756 |
Other Active Localities:
Lease contracts were recorded in 129 other localities, totaling AED 327,782,813, including activity in areas such as Jabal Ali First, Al Warsan First, Al Thanyah Fifth, Marsa Dubai, and Al Nahda Second.
Conclusion
Rental activity on 18 February 2026 reflected broad participation across contract types, ownership structures, and property usages, with renewed leases accounting for the larger share of daily value. Residential units dominated transaction volume, while industrial and commercial assets contributed significantly to total registered value.
Geographically, transaction values were concentrated in a limited number of high-performing localities, led by Jabal Ali Industrial First, while leasing activity remained distributed across more than one hundred additional districts, indicating wide market coverage for the day.
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 = 3.6725 UAE Dirhams
This report is merely informative, and all investments come with risk. You are responsible for your decisions.