Dubai rental contracts surpass one million as total value hits Dh127b

Dubai’s rental market exceeded one million registered contracts for the first time in 2025, with the total value of these agreements reaching Dh127.4 billion. The figure represents a 17.6 per cent increase from Dh108.3 billion recorded the previous year, according to new data released by the Dubai Land Department (DLD). The total volume of contracts grew by 7.3 per cent to reach 1.04 million. New rental agreements accounted for 515,300 of these contracts, a 10.5 per cent increase, valued at Dh69.1 billion. Renewed contracts also saw an upward trend, rising 4.3 per cent to 521,600 agreements with a combined value of Dh58.3 billion. The annual rental value specifically climbed 15.1 per cent to Dh98.9 billion. Top Performing Districts The Burj Khalifa district emerged as the leader in total registered contract value, reaching Dh7.61 billion. Business Bay followed with Dh5.50 billion, while Al Barsha First ranked third at Dh4.42 billion. When measuring by annual rental value alone, Business Bay took the lead at Dh4.45 billion, marking a 22.3 per cent year-on-year increase. Dubai Marina followed with Dh3.53 billion, closely trailed by the Burj Khalifa area at Dh3.52 billion. Significant growth was also recorded in developing districts. The Racecourse area saw the highest percentage increase in total contract value, jumping 119.8 per cent. Al Barsha South Fourth followed with an 86.5 per cent rise, signaling a shift in demand toward emerging residential communities. Market…