Steady demand and fewer disruptions
A total of 118,385 new rental contracts were recorded during the quarter, alongside 135,607 renewals. The high number of renewals suggests tenants are choosing to stay put, reflecting a level of comfort and trust in the market.
At the same time, contract cancellations dropped by 25 per cent — a key sign that the market is becoming more stable, with fewer sudden exits or disputes between landlords and tenants.
Growing number of market players
The number of registered real estate offices rose to 10,200, indicating strong participation from agencies and service providers. This expansion is helping improve service standards and giving tenants and landlords more options.
In addition, 3,599 real estate licences were issued across different activities. Brokerage services dominated the list, with 1,564 licences for sales and purchases, followed by 928 for leasing.
Other licences covered areas such as property management, valuation, consultancy, mortgage brokerage and auction services — highlighting the breadth of Dubai’s property ecosystem.
Wide range of services supports sector
The diversity of licences reflects a market that is not only active but also well-supported by a range of professional services. From leasing and sales to valuation and legal support, the sector continues to evolve to meet the needs of investors and residents.
This wide service network also helps improve transparency and efficiency, making it easier for all parties to navigate the rental process.
Outlook remains positive
The latest figures suggest Dubai’s rental market is holding firm, backed by clear regulations and steady economic conditions. With ongoing development projects and a consistent flow of tenants, the sector is expected to maintain its current pace in the months ahead.
Overall, the rental segment continues to play a key role in Dubai’s economy, offering stability while adapting to changing market needs.
Balaram brings more than two decades of experience in the media industry, combining sharp editorial judgment with a deep understanding of digital news dynamics.
Since 2004, he has been a core member of the gulfnews.com digital team, playing a key role in shaping its identity.
Passionate about current affairs, politics, cricket, and entertainment, Balaram thrives on stories that spark conversation. His strength lies in adapting to the fast-changing news landscape and curating compelling content that resonates with readers.