Market takeaway
Read the headline with transaction context
Market stories are more useful when checked against recent transaction volume, price movement and community-level evidence.
Published by PropertyStellar Editorial Team. Read our editorial policy and research methodology.
Dubai’s rental market recorded 181,900 transactions in Q3 2026, up 16% quarter-on-quarter, according to Savills. Apartment rents in Dubai Marina, Business Bay and Jumeirah Village Circle (JVC) recorded annual declines of 12.8%, 12.2% and 10.4%, respectively. The report also highlights ready-property sales growth and changing development activity.
Key Highlights
- Apartment rental trends: Dubai Marina recorded a 12.8% year-on-year rent decline, followed by Business Bay at 12.2% and JVC at 10.4% in Q3 2026
- Other residential areas: Annual rent declines were recorded in Al Furjan (7.5%), DIFC (7.3%), Majan (5.1%), Discovery Gardens (4.3%) and International City Phases 2 and 3 (0.4%)
- Villa and townhouse rents: Arabian Ranches 3 recorded a 15% annual decline, while DAMAC Lagoons recorded a 13.4% decline
- Rental transactions: Total rental transactions increased 16% quarter-on-quarter to 181,900, compared with 156,200 in Q2 and 180,600 in Q3 2025
- New leasing activity: New leases represented 44% of rental transactions, up from 36% in Q2. Business Bay, JVC, Jumeirah Village Triangle and Downtown Dubai supported this activity
- Residential sales: Dubai recorded approximately 34,500 residential transactions in Q3, with total transaction value reaching AED 70.8 billion, compared with AED 82.6 billion in Q2
- Off-plan and ready properties: Off-plan sales value stood at AED 45.7 billion, while ready-property sales value increased to AED 25.1 billion from AED 21.3 billion in Q2
- Average property prices: Apartment prices averaged AED 1,817 per sq. ft., while villa and townhouse prices averaged AED 1,523 per sq. ft.
- Developer activity: The five leading developers accounted for 47.9% of transactions. Azizi Developments led with 21%, followed by Emaar Properties at 9%, DAMAC Properties and Binghatti at 7% each, and Imtiaz at 4%
- Property launches: Approximately 5,000 units launched in Q3, bringing the first-nine-month total to around 50,000, compared with 137,300 during the same period in 2025
- Handover outlook: Around 26,500 units were handed over in the first half of 2026. Savills expects 75,000–85,000 deliveries for the full year
From reading to deciding
Turn this into a Dubai investment shortlist
Use real market data, area intelligence, and a guided journey to move from this article to a focused decision.