Dubai lease renewals outpace new contracts and reshape landlord yields

Dubai registered 1.04 million rental contracts in 2025, up 7.3 per cent on the previous year, according to Dubai Land Department data reported by Gulf News. Total contract value reached AED 127.4 billion, up 17.6 per cent from AED 108.3 billion. Annual rental value rose 15.1 per cent to AED 98.9 billion.

Renewals exceeded new contracts for the first time on record. There were 521,600 renewals, up 4.3 per cent, worth AED 58.3 billion. New agreements numbered 515,300, up 10.5 per cent, worth AED 69.1 billion.

Business Bay led annual rental value at AED 4.45 billion, up 22.3 per cent, ahead of Dubai Marina at AED 3.53 billion and the Burj Khalifa area at AED 3.52 billion. By total contract value, the Burj Khalifa area led with AED 7.61 billion, followed by Business Bay at AED 5.50 billion and Al Barsha First at AED 4.42 billion.

The Racecourse area posted the sharpest rise in total contract value at 119.8 per cent.

Read the full article on Doment: Dubai lease renewals outpace new contracts and reshape landlord yields

Originally published on Doment, Dubai property intelligence.

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