What Landlords Are Asking, and What Tenants Actually Signed

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Two rent numbers circulate in Dubai and they are not the same thing. One is what a landlord is advertising this week. The other is what a tenant actually put their name to and registered. The first moves first. The second is what money changed hands.

The distance between them is the most useful single figure an owner can look at, and almost nobody publishes both.

Registered rents below are Ejari contracts from Dubai Land Department open data for the 90 days to 2 August 2026. Asking rents are live long-let listings observed in the week to 1 August 2026 — for DIFC, Business Bay and Creek Harbour, the week to 29 July. Both are medians, and both carry their counts.

Dubai Marina: the gap widens with every bedroom

studio registered at AED 60,000 across 372 contracts and is being advertised at AED 72,804 on 30 listings — asking rents 21.3% above signed ones.

one-bedroom registered at AED 87,000 across 1,720 contracts against an asking median of AED 101,988 on 157 listings: 17.2% above. That is the most solid line in the whole set — 1,720 contracts under the signed figure and 157 listings under the asking one.

two-bedroom registered at AED 135,000 across 1,749 contracts against AED 182,004 on 119 listings — 34.8% above, and on counts that make it a serious signal rather than a curiosity.

three-bedroom registered at AED 191,100 across 819 contracts against AED 281,988 on just 8 listings — nominally 47.6% above. Eight listings is not a market reading. It tells you a handful of landlords are asking a lot, and nothing more.

JBR: the same registry, much softer asks

JBR shares Dubai Marina's registered figures — the land registry district covers both and cannot separate them — so the same AED 87,000 across 1,720 contracts applies to one-beds, and AED 135,000 across 1,749 to two-beds.

What is JBR's own is the asking side, and it is markedly cooler. One-beds are advertised at AED 92,004 on 51 listings — 5.8% above signed. Two-beds at AED 153,396 on 70 listings — 13.6% above.

Set that against Dubai Marina's 17.2% and 34.8% on the identical rent base. Two adjacent markets, one registry, and JBR landlords asking far closer to what tenants are actually signing.

Business Bay: close to clearing

Studios registered at AED 60,000 across 1,116 contracts against AED 76,788 on 53 listings — 28.0% above.

But the deeper segments are tight. One-beds registered at AED 85,000 across 1,528 contracts against AED 90,000 on 103 listings — only 5.9% aboveTwo-beds at AED 120,000 across 1,081 contracts against AED 132,000 on 51 listings — 10.0% above.

A 5.9% gap on 1,528 signed contracts and 103 live listings is about as close to a clearing market as this data gets. A tenant there has very little room.

DIFC: the one that has turned

One-beds registered at AED 110,000 across 91 contracts against AED 129,996 on 91 listings — 18.2% aboveTwo-beds at AED 165,000 across 123 contracts against AED 171,996 on 33 listings — 4.2% above, one of the tightest in the set.

And then the most interesting line anywhere in this week's data. DIFC three-bedrooms registered at AED 255,000 across 39 contracts — but are being advertised at AED 204,000. That is asking rents 20% below what tenants signed.

It sits on three listings, so treat it lightly. But a negative gap means the leading indicator has turned down while the lagging one has not. If it holds across more listings, that is a segment where an owner renewing at last year's figure is renewing above where the market is heading.

Dubai Creek Harbour and Creek Beach: wide, and on real counts

One-beds registered at AED 90,000 across 554 contracts against AED 114,996 on 156 listings — 27.8% above, and 156 listings is a genuine market reading, not a handful.

Two-beds registered at AED 135,000 across 632 contracts against AED 144,996 on 58 listings — 7.4% above.

Three-beds registered at AED 200,000 across 306 contracts against AED 253,998 on 24 listings — 27.0% above.

What the gap is actually telling you

A wide gap is not proof that landlords are getting those numbers. It is the distance between what is advertised now and what was signed over the last three months. Some of that is genuine market movement the registered figures have not caught up with. Some is asking prices that will be negotiated down or will sit unlet.

The direction of the gap is the read. The width of it is the negotiating room.

Where the gap is narrow, the market is at or near clearing — Business Bay one-beds at 5.9%, DIFC two-beds at 4.2%. Where it is wide and the listing count is healthy, the market has moved and a renewal should reflect it — Marina two-beds at 34.8% on 119 listings, Creek one-beds at 27.8% on 156.

Where it is wide and the listing count is tiny, it is noise. Marina three-beds at 47.6% on eight listings is the clearest example.

Why the count matters more than the percentage

Compare Marina three-beds — +47.6%, on eight listings — with Business Bay one-beds — +5.9%, on 103 listings against 1,528 contracts.

The second is the one you can plan around. The first is a curiosity. We publish both because suppressing thin data is its own kind of dishonesty: an owner reading the Land Department figures themselves would find exactly the same thinness, and would rather be told than have it quietly smoothed away. The count is the disclosure.

That is why every figure here carries the number behind it, and why we would rather show you a percentage sitting on three listings, labelled as such, than a confident round number with nothing under it.

What an owner should do with it

If you are renewing an annual tenancy, the registered median is your floor and the asking median is the ceiling being tested. Where the two are close, take the deal. Where they are far apart and the listing count is healthy, the market has moved and your renewal should reflect it.

If you are weighing an annual tenancy against short and mid-term letting, the comparison to make is not against the asking rent — it is against the registered one, because that is what a tenant will actually sign. Advertising a number is not earning it.

And if the asking line in your segment has turned down while the registered line has not, you are looking at the one signal that arrives early enough to act on. A twelve-month contract signed at last year's number in a falling market locks you to it for a year after conditions change.

Both lines, all eight areas, updated weekly with dates and counts, on our Market Gauge.

Sources, checked 2 August 2026

  • Registered rents — Dubai Land Department open data, Ejari contracts, apartments only, 90 days to 2 August 2026.
  • Asking rents — live long-let listings observed in the week to 1 August 2026 (DIFC, Business Bay and Creek Harbour/Beach: week to 29 July 2026), annualised per listing.
  • Both via the Solayra Market Gauge feed. Asking prices are advertised rates, not agreed rents.

Solayra Holiday Homes Management runs short and mid-term letting for owners and investors across some of Dubai’s most sought-after areas — including Dubai Marina, JBR, Downtown, DIFC, and Dubai Creek Beach. Every apartment is DTCM registered and priced against extensive market data, and you see the occupancy and every dirham as it earns. See what your apartment could be doing on the Market Gauge, read what we do for ownersinvestorsinvestment companies and agents & partners, or write to us at owners@solayra.com.