After back-to-back double-digit increases, Dubai’s rental curve is at last bending. Market trackers report a rise in available listings that’s starting to curb landlords’ ability to keep pushing up asking prices. Mid-market communities such as Discovery Gardens, Sports City and Deira are leading the stabilisation trend, with average quarterly uplifts now hovering around 1 per cent instead of the eye-watering spikes of 2022-24.
More keys on the market – A raft of handovers plus owners shifting from short-stay to annual leases is expanding choice for tenants.
Price-sensitive renters – After seeing budgets stretched by 20-40 per cent since 2022, residents are bargain-hunting and willing to walk away if a unit is overpriced.
Real-time Rental Index – Dubai’s new digital Rental Index—and its five-star building ratings—makes incremental hikes easier to challenge, forcing landlords to justify premiums.
Indicator | February 2025 | Trend vs. January |
Total leasing transactions | 36,223 | ▼ 10 % |
Share of renewals | 59 % | ▲ (deeper tenant loyalty) |
Greater renewal activity suggests renters find it cheaper to stay put than chase fresh deals—another brake on runaway pricing.
(Source: GulfNews.com)
At Book My Stay, we’re already leveraging these shifts:
Case in point: Properties we repriced in line with the new index during Q1 saw a 12 % faster lease-up than competing units in the same buildings.