Dubai, UAE – Angel & Volkers Middle East confirmed that retail property occupancy rates and underlying demand in Dubai maintained their strength during the first half of 2026. Average retail property rents in Dubai rose by 5.9% year-on-year.
The company reported in data that the limited supply of premium retail space continued to support rent growth. Meanwhile, rental performance remained positive in most retail markets in Dubai during the first half.
She expected Dubai’s retail rental market to remain strong throughout the second half of 2026, with continued upward pressure on rental prices in prime locations and high demand.
Average rents are rising
In detail, the average rents of retail properties in Dubai (shops for the retail sector) increased during the first half of the current year 2026, by 5.9% on an annual basis. It rose from 238 dirhams to 252 dirhams per square foot.
Statistics prepared by Angel & Volkers Middle East showed that retail property occupancy rates and underlying basic demand for them maintained their strength during the first half of 2026.
Angel & Volkers Middle East noted that average rents for new contracts increased by 2.2%, reaching 234 dirhams per square foot. Meanwhile, average rents for renewed contracts increased by 6.6% to reach 257 dirhams per square foot.
This indicates that existing tenants continue to compete to maintain their existing and established sites. While the limited availability of high-quality retail space contributed to supporting rental values.
