Data from Dubai Land Department shows that the total value of rental contracts in the first quarter reached AED 32.2 billion, reflecting a continued upward pace in market activity. This growth is supported by clear regulations and a well-integrated legal framework governing relationships between all parties.
New rental contracts recorded 118.38 thousand, alongside 135.61 thousand renewals, indicating ongoing market movement and stable contractual relationships between landlords and tenants within a reliable and transparent system.
In another positive sign, the number of canceled contracts declined by 25%, pointing to increased stability in the rental cycle, strengthening market cohesion and reducing volatility.
The number of active real estate offices reached 10.2 thousand, enhancing market efficiency, expanding the base of participants, and supporting the quality of services provided to investors and clients.
According to the data, the total number of registered real estate licenses reached 3,599, distributed across various sector-related activities. Brokerage licenses for buying and selling existing properties led with 1,564 licenses, followed by rental brokerage (928 licenses), transaction follow-up services (376 licenses), and property development licenses (128 licenses).
The remaining licenses cover a wide range of activities, including property supervision, real estate consultancy, private leasing and management services, mortgage brokerage, business centers, valuation services, surveying, and auction organization. This diversity reflects the dynamism and integration of Dubai’s real estate market, along with the maturity of its service ecosystem and its ability to efficiently meet diverse client needs.
Rental market indicators in Dubai during Q1 2026 confirm a solid state of stability, supported by strong regulatory and economic foundations. The market continues to operate within a flexible environment capable of adapting and reinforcing confidence.
These indicators also highlight that Dubai’s rental market does not operate in isolation but is part of an integrated system combining development, investment, and regulation—supporting stability and adaptability to changing conditions.
Overall market performance reflects a well-balanced supply-demand dynamic, backed by ongoing projects, diversity of offerings, and policy clarity—reinforcing sustainable activity and stable performance levels.
Dubai Rental Market – Q1 2026 Summary
- Total rental contract value: AED 32.2 billion
- New rental contracts: 118.39K
- Renewal contracts: 135.61K
- Drop in canceled contracts: 25%
