Dubai United Arab Emirates
The number of leases registered in the freehold areas of Dubai during the first ten months of 2026 increased to 339,557 contracts, a growth of 6.8% compared to the same period last year, approaching the market to exceed the annual record of 377,976 contracts recorded during 2025, according to a report issued by FAM Properties.
According to the report, the rental market in Dubai’s freehold areas needs to register 38,420 additional contracts during November and December 2026 to exceed the total number of contracts registered last year.
The freehold areas in Dubai recorded 44,841 leases during October 2026, distributed among 21,987 new leases, an annual increase of 3.8% and 22,854 renewal contracts, a growth of 0.5% compared to the same month last year.
The new contracts accounted for about 49% of the total leases registered during October, compared to 51% for the renewal of contracts, indicating that the two shares of new and renewed contracts are close to the total rental activity during the month.
At the level of the regions, the first two houses topped the list of the most active areas in the rental market in the freehold areas of Dubai during the first ten months of 2026, recording 29,826 leases, followed by the fourth southern Al-Barsha with 27,965 contracts, and the first Jebel Ali with 27,869 contracts.
Business Bay ranked fourth with 22,858 leases, followed by Dubai Marina with 18,929 contracts, followed by Nadh Hessa with 17,786 contracts.
The list of the ten most active areas included the fifth fold with 14 thousand contracts, the third southern Al-Barsha with 12,002 contracts, the Dubai First Investment Park with 11,305 contracts, and the fifth Safa Valley with 11,159 contracts.
In terms of residential units, one-bedroom apartments accounted for the largest share of rental activity in Dubai’s freehold areas during the first 10 months of 2026, registering 138,836 leases, equivalent to about 41% of the total contracts registered during the period.
Firas Al Masdi, CEO of FAM Properties, said rental data showed continued demand for housing in Dubai, with an increase in both new leases and contract renewals compared to the same period last year.
The company’s data indicates that the total leases registered during the first ten months of this year are equivalent to about 89.8% of the total contracts registered during the whole of 2025, with two months remaining until the end of the year.
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