Dubai Real Estate Rentals Market Report 21 - 23 February 2026
Dubai Real Estate Rental Market Statistics
Registered Lease Transactions | 21–23 February 2026
Market Overview
During the period 21–23 February 2026, Dubai recorded 6,407 rental transactions with a total registered value of AED 1,608,533,393. Renewed contracts represented a higher transaction count, while new contracts accounted for the majority of registered value. Non Free Hold properties generated most of the market value despite Free Hold assets recording more contracts.
Residential usage dominated rental activity by both volume and value, with units—primarily flats—forming the core of registered leases. Transaction activity was geographically widespread, with a high concentration of value observed in a limited number of localities.
Danube Opalz - Dubai
Source: Building Arabia.
Rental Market by Contract Type
| Contract Type | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| New | 2,918 | 1,131,123,136 | 308,207,939 |
| Renewed | 3,489 | 477,410,257 | 130,084,539 |
| Grand Total | 6,407 | 1,608,533,393 | 438,292,478 |
Rental Market by Property Ownership Type
| Ownership Type | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| Free Hold | 3,339 | 489,698,180 | 133,432,747 |
| Non Free Hold | 3,068 | 1,118,835,214 | 304,859,731 |
| Grand Total | 6,407 | 1,608,533,393 | 438,292,478 |
Rental Market by Property Usage
| Property Usage | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| Commercial | 1,549 | 329,566,408 | 89,800,111 |
| Health Facility | 1 | 200,000 | 54,496 |
| Industrial | 6 | 2,034,938 | 554,479 |
| Residential | 4,832 | 1,273,099,525 | 346,893,604 |
| Storage | 1 | 12,000 | 3,270 |
| Other | 18 | 3,620,523 | 986,518 |
| Grand Total | 6,407 | 1,608,533,393 | 438,292,478 |
Rental Market by Property Type
| Property Type / Subtype | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| A) Building | |||
| Building | 1 | 218,295 | 59,481 |
| B) Land | |||
| Other | 13 | 3,262,523 | 888,971 |
| C) Unit | |||
| Clinic | 1 | 2,785,392 | 758,962 |
| Complex Warehouse | 2 | 320,000 | 87,193 |
| Desk | 1 | 40,000 | 10,899 |
| Endowments attached to mosques | 1 | 80,000 | 21,798 |
| Flat | 4,081 | 1,022,409,989 | 278,585,828 |
| Health club | 1 | 200,000 | 54,496 |
| Hotel | 42 | 6,373,000 | 1,736,512 |
| Kiosk | 2 | 124,000 | 33,787 |
| Labor Camps | 312 | 108,964,149 | 29,690,504 |
| Ladies Saloon | 1 | 130,000 | 35,422 |
| Office | 636 | 118,324,676 | 32,241,056 |
| Open Land | 1 | 360,000 | 98,093 |
| Open space | 1 | 450,000 | 122,616 |
| Parking | 3 | 309,575 | 84,353 |
| Restaurant | 6 | 1,417,248 | 386,171 |
| Shop | 485 | 163,501,782 | 44,550,894 |
| Showroom | 12 | 7,277,547 | 1,982,983 |
| Staff Accommodation | 3 | 12,088,554 | 3,293,884 |
| Store | 2 | 97,000 | 26,431 |
| Studio | 52 | 2,636,275 | 718,331 |
| Villa | 1 | 165,000 | 44,959 |
| Warehouse | 56 | 13,270,203 | 3,615,859 |
| Warehouse complex | 1 | 121,880 | 33,210 |
| Workshop | 1 | 1,166,963 | 317,974 |
| D) Villa | |||
| Clinic | 1 | 349,272 | 95,170 |
| Complex Villas | 27 | 5,411,712 | 1,474,581 |
| Shop | 3 | 694,000 | 189,101 |
| Villa | 369 | 124,713,307 | 33,981,827 |
| E) Virtual Unit | |||
| kitchen | 1 | 58,275 | 15,879 |
| Office | 285 | 9,793,568 | 2,668,547 |
| Shop | 3 | 1,419,211 | 386,706 |
| Grand Total | 6,407 | 1,608,533,393 | 438,292,478 |
Rental Market by Locality
Top 10 Localities by Registered Value
| Locality | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| Al Hudaiba | 82 | 660,842,814 | 180,066,162 |
| Dubai Investment Park First | 250 | 49,488,658 | 13,484,648 |
| Burj Khalifa | 146 | 42,272,012 | 11,518,259 |
| Jabal Ali Industrial First | 87 | 41,652,056 | 11,349,334 |
| Naif | 139 | 38,266,707 | 10,426,896 |
| Business Bay | 294 | 31,947,988 | 8,705,174 |
| Dubai Investment Park Second | 121 | 28,218,722 | 7,689,025 |
| Al Merkadh | 69 | 27,833,875 | 7,584,162 |
| Marsa Dubai | 128 | 24,783,513 | 6,753,001 |
| Al Thanyah Fifth | 85 | 24,606,797 | 6,704,849 |
Lease contracts were registered across 147 other active localities, with a combined value of AED 698,620,251. Among the next highest-performing areas by value were Al Rowaiyah Second, Al Goze Industrial Second, Al Khairan First, Jumeirah First, and Mirdif.
Conclusion
The rental market during 21–23 February 2026 was characterized by a strong concentration of registered value within a limited number of localities, led by Al Hudaiba. New lease contracts generated the majority of total value, while renewed contracts accounted for a higher volume of registrations.
Residential units, particularly flats, remained the dominant asset class by both transaction count and value. Non Free Hold properties continued to account for the larger share of rental value, reflecting the structural composition of Dubai’s leasing market during the reported period.
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.