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Dubai United Arab Emirates
The required rental prices in Dubai have declined over the past year, and the options available to tenants have become more diverse, and the annual rents required for apartments fell in 9 out of 10 major areas in Dubai during the third quarter of 2026, compared to the same period last year, while villa rents fell in 8 out of 10 areas, according to a report issued by Property Finder.
The report said that the increase in supply was the main factor behind the decline in the required rental prices, as the average number of apartments offered for rent per day on the platform increased by 55.1% during September 2026, compared to the same month last year, compared to the growth of tenant inquiries by 15.4%, indicating that with the increase in the number of units competing to attract each tenant, the owners were forced to adjust prices.
He explained that the average number of inquiries per apartment announcement decreased by 23% year-on-year, in light of the increase in options available to tenants, pointing out that the rental broker required for apartments in the ten areas combined peaked at AED 135,000 in December 2025, before gradually declining to AED 100,000 by June 2026, and the Downtown Dubai area topped the lowest areas in apartment rents by 21.7%, followed by Dubai Marina by 16.1%, then Meydan by 13.3%, while rents in Dubai Hills Estate remained unchanged.
The average number of apartments offered for rent per day on the platform increased by 55.1% during September 2026 compared to the same month in 2025
The report confirmed that the decline in the center of Dubai included all categories of apartments according to the number of bedrooms, indicating a decline in the required prices and not just a change in the quality of the units offered, and the broker of annual rents announced for apartments in the third quarter of 2025 and the third quarter of 2026 according to the areas of apartments in Dubai.
The Arabian Ranches region recorded the largest decline in the required rents by 18.9%, followed by Mohammed Bin Rashid City by 15%, followed by Dubai South by 12.5%, while the rental broker of villas in Al Furjan increased by 15.2%, and in Dubai Hills Estate by about 1%.
The report pointed out that the increase in rents in Al Furjan is due in part to the increase in the supply of five-bedroom villas, pointing out that the rents of three out of five comparable categories recorded a decrease, while the broker of annual rental prices announced for villas in the third quarter of 2025 and the third quarter of 2026 according to the villas areas in Dubai.
Downtown Dubai topped the lowest apartment rental areas with 21.7%, followed by Dubai Marina with 16.1%
With regard to the request, the report pointed out that the studio units and one-bedroom apartments accounted for the largest share of inquiries in 7 of the 10 apartment areas, while the three- or four-bedroom villas attracted the largest number of inquiries in 8 of the 10 villas.
The September 2026 data recorded preliminary indicators of market stability, with the rental broker required for apartments in the covered areas rising from AED 100,000 in August to AED 105 thousand in September, in addition to the improvement in the number of inquiries for each apartment and villa advertisement. The report confirmed that one month’s data is not enough to determine a general market trend.
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