Prime Highlights
- Dubai’s rental contracts reached AED32.2 billion, showing strong market activity.
- A 25% drop in cancellations signals improved stability and reduced volatility.
Key Facts
- The Dubai Land Department oversees and regulates real estate activities in the emirate.
- Over 3,500 real estate licences were issued, covering brokerage, consultancy, and property services.
Background
According to the Dubai Land Department, Dubai’s rental market achieved substantial growth during the first quarter of 2026, as rental contracts reached a total value of AED32.2 billion.
The data showed high activity with 118000 new rental contracts and 135000 renewals. Fewer contracts were cancelled, down by 25%, which shows the market is more stable. Authorities said this reflects a more balanced rental cycle and stronger coordination among market players.
The number of real estate offices in Dubai grew to about 10,200. This helped improve services and made transactions smoother for investors and tenants.
About 3,599 real estate licenses were issued for various activities. Sales and purchase brokerage services led the market, followed by leasing brokerage and transaction support services. Other licences covered consultancy, property management, valuation, mortgage services, and auction organisation, showing the wide range of services available in the sector.
Officials said the variety of licences highlights the strength and integration of Dubai’s real estate ecosystem. The market combines development, investment, and regulation in a structured way, allowing it to respond quickly to changes.
Overall performance suggests a steady balance between supply and demand. The active continuation of projects together with their various property choices and their established policies has created a foundation that ensures Dubai’s rental market will experience permanent stability while its growth rate remains steady throughout time.
