Dubai Real Estate Rentals Market Report 24 February 2026
Dubai Real Estate Rental Market Statistics
Registered Transactions — 24 February 2026
General Market Review
On 24 February 2026, the Dubai real estate rental market recorded 4,510 registered lease transactions with a total value of AED 1,328,928,296. Renewed contracts accounted for a higher number of transactions, while new contracts represented the larger share of total registered value. Activity was observed across both Free Hold and Non Free Hold properties, with Non Free Hold assets contributing the higher aggregate value.
Rental registrations were primarily driven by Residential usage, followed by Commercial activity. Units represented the dominant property type by transaction count, while Villas and Virtual Units also contributed to overall market value. Lease contracts were registered across a wide range of localities, with transaction value concentrated in a limited number of areas.
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Source: Building Arabia.
Rental Market by Contract Type
| Contract Type | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| New | 2,094 | 764,892,024 | 208,417,445 |
| Renewed | 2,416 | 564,036,272 | 153,688,357 |
| Grand Total | 4,510 | 1,328,928,296 | 362,105,803 |
Rental Market by Property Ownership Type
| Ownership Type | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| Free Hold | 1,977 | 427,515,714 | 116,489,295 |
| Non Free Hold | 2,533 | 901,412,582 | 245,616,507 |
| Grand Total | 4,510 | 1,328,928,296 | 362,105,803 |
Rental Market by Property Usage
| Property Usage | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| Commercial | 1,110 | 319,575,452 | 87,077,780 |
| Educational facility | 2 | 15,320,000 | 4,174,387 |
| Industrial | 6 | 3,411,893 | 929,671 |
| Residential | 3,373 | 981,523,798 | 267,445,177 |
| Other | 19 | 9,097,154 | 2,478,789 |
| Grand Total | 4,510 | 1,328,928,296 | 362,105,803 |
Rental Market by Property Type
| Property Type / Subtype | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| A) Building | |||
| Labor Camps | 1 | 2,153,076 | 586,669 |
| Parking | 1 | 408,333 | 111,262 |
| School | 2 | 15,320,000 | 4,174,387 |
| B) Land | |||
| Other | 15 | 6,753,207 | 1,840,111 |
| C) Unit | |||
| Complex Warehouse | 1 | 270,700 | 73,760 |
| Flat | 2,266 | 184,253,565 | 50,205,331 |
| Health club | 3 | 183,000 | 49,864 |
| Hotel | 87 | 14,851,813 | 4,046,816 |
| Kiosk | 4 | 586,179 | 159,722 |
| Labor Camps | 832 | 722,825,718 | 196,955,236 |
| Ladies Saloon | 1 | 176,400 | 48,065 |
| Office | 466 | 220,421,527 | 60,060,362 |
| Open space | 2 | 60,562 | 16,502 |
| Parking | 2 | 560,000 | 152,589 |
| Restaurant | 7 | 2,437,249 | 664,101 |
| Shop | 311 | 55,363,579 | 15,085,444 |
| Showroom | 7 | 2,651,415 | 722,456 |
| Studio | 32 | 996,970 | 271,654 |
| Warehouse | 36 | 12,708,001 | 3,462,671 |
| Warehouse complex | 1 | 2,800,000 | 762,943 |
| Workshop | 3 | 329,845 | 89,876 |
| Other | 2 | 156,000 | 42,507 |
| D) Villa | |||
| Complex Villas | 19 | 3,330,028 | 907,365 |
| Showroom | 1 | 1,928,461 | 525,466 |
| Villa | 227 | 71,377,317 | 19,448,860 |
| Other | 1 | 52,000 | 14,169 |
| E) Virtual Unit | |||
| Office | 179 | 5,745,771 | 1,565,605 |
| Shop | 1 | 227,581 | 62,011 |
| Grand Total | 4,510 | 1,328,928,296 | 362,105,803 |
Rental Market by Locality
Top 10 Localities by Transaction Value
| Locality | Number of Transactions | Value (AED) | Value (USD) |
|---|---|---|---|
| Jabal Ali Industrial First | 653 | 620,043,154 | 168,949,088 |
| Business Bay | 209 | 122,759,149 | 33,449,360 |
| Dubai Investment Park Second | 87 | 72,656,668 | 19,797,457 |
| Madinat Dubai Almelaheyah | 25 | 68,550,208 | 18,678,531 |
| Al Goze Third | 56 | 22,084,388 | 6,017,544 |
| Al Hebiah Fourth | 51 | 21,175,448 | 5,770,000 |
| Burj Khalifa | 55 | 17,727,201 | 4,830,300 |
| Al Thanyah Fifth | 68 | 13,758,160 | 3,748,817 |
| Jabal Ali First | 136 | 12,508,197 | 3,408,228 |
| Al Thanayah Fourth | 11 | 12,067,575 | 3,288,168 |
Lease contracts were also registered across 127 other active localities, contributing a combined value of AED 345,598,148. Among the next highest-value contributors were Al Barsha South Fourth, Marsa Dubai, Al Merkadh, Al Bada, and Hadaeq Sheikh Mohammed Bin Rashid.
Conclusion
The Dubai rental market on 24 February 2026 recorded AED 1.33 billion in registered lease value across 4,510 transactions. Activity was led by Residential usage, Unit property types, and Non Free Hold ownership, while new contracts accounted for the larger share of total value.
Transaction value was geographically concentrated in Jabal Ali Industrial First, with rental activity otherwise distributed across more than one hundred additional localities, reflecting broad participation across Dubai’s residential, commercial, and industrial leasing segments.
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.