Housing demand in Dubai has surged significantly, with the city experiencing an influx of approximately 1 000 new residents each day during the first quarter of the year. This dramatic increase in population has put upward pressure on the housing market, driving rents higher across various property types.

According to a report by ValuStrat, villa rents in Dubai have risen by 5.1% annually, while apartment rents have surged by 10%. This trend reflects the growing demand for housing as more individuals and families choose to relocate to the city, attracted by its economic opportunities and lifestyle.

The report highlights that the increasing population is a key factor contributing to the rising rental prices. As more people move to Dubai, the competition for available housing intensifies, which in turn fuels the ongoing increase in rental costs.