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Dubai records 44,841 rental contracts and Dh35 billion in sales in October

Dubai's freehold areas recorded 44,841 rental contracts in October, with new leases up 3.8%, while sales reached Dh35.01 billion across 11,974 deals.

12 Nov 2026, 16:10 GMT
Dubai records 44,841 rental contracts and Dh35 billion in sales in October

Dubai's freehold areas recorded 44,841 rental contracts in October, according to data from fäm Properties and the DXBinteract platform.

New rental contracts rose 3.8%, while renewals increased 0.5% year on year, indicating continued demand for rentals in the market.

Rental registrations in the first ten months reached 339,557 contracts, 6.8% ahead of the same period in 2025.

Platform data showed 11,974 sales worth Dh35.01 billion, including 7,609 off-plan deals worth Dh19.2 billion.

What do these terms mean?

Rental contract: An agreement between a landlord and a tenant setting the duration, rent and terms of occupancy.

Freehold: Areas where non-citizens are allowed to own property outright.

Off-plan properties: Units sold before construction is complete, based on the project's plans.

Lease renewal: Extending an existing contract between landlord and tenant for a new term.

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