Dubai Rental Market Surpasses Record Value

Dubai's rental market experienced robust growth in 2025, according to the Dubai Land Department. Registered tenancy contracts increased by 6% in volume and 17% in value, reaching 1.38 million contracts worth Dh126.4 billion. This surge reflects strong residential mobility, population growth, and consistent leasing activity across both residential and commercial sectors. New tenancy agreements saw a 10% rise, exceeding 513,000 contracts, indicating sustained demand from new residents. Renewals also increased by 3%, reaching over 514,000 contracts, demonstrating stable occupancy and tenant retention.

Construction activity remained vigorous, signaling confidence among developers and investors. Completed projects rose by 7% to 124 developments, with the total value increasing by 23% to Dh27.5 billion. Projects under construction expanded significantly, increasing by 25% to 937 developments, indicating a robust future supply pipeline. This delivery pace reflects confidence in long-term demand, driven by population growth, job creation, and investor inflows.

Real estate licensing activity saw a sharp increase, mirroring the market's expansion. The number of registered real estate offices more than doubled, reaching 4,122, bringing the total active offices in Dubai to over 10,000. A total of 14,364 real estate licenses were issued across various activities, with brokerage services dominating. This growth reflects rising demand for professional services and highlights the strength of Dubai's regulatory framework, supporting investor confidence.

The consistent rise in both new and renewed contracts suggests a balanced market environment, supported by strong regulation, diversified housing supply, and consistent population growth.