Al Karama
A densely populated Bur Dubai community with affordable housing and diverse dining.
Community Intelligence — by Peak Trust Analytics
Al Karama: rental market
Al Karama is a non-freehold area — property is owned by UAE/GCC nationals and the market is rental, not sale, Dubai.
Apartments in Al Karama lease for a median of about AED 63k per year, across 13,301 tenancy contracts in 2025, with 77% of leases renewed.
AED 63k
Median annual rent
2025
13,301
Tenancy contracts
#2 of 56 rental areas
77%
Leases renewed
tenant retention
0%
Freehold stock
rest is GCC-only
Median annual rent trend
Median annual rent (AED) by year
Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Oct 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.
What kind of place is Al Karama?
A dense, established Bur Dubai neighbourhood built almost entirely of mid-rise apartment blocks over ground-floor shops. Apartments dominate the housing stock while extensive retail and dining commercial units give the area a strongly mixed-use residential-commercial character.
Property-type mix
Share of registered sale & tenancy activity by property type.
Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Oct 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.
About Al Karama
Questions & answers
Frequently Asked Questions
What is the average rent in Al Karama?
- The median annual rent on a home in Al Karama was AED 62,999 in 2025, across 13,301 registered tenancy contracts.
Is Al Karama freehold or leasehold?
- Al Karama is registered as leasehold with the Dubai Land Department.
How much have rents risen in Al Karama?
- The median annual rent in Al Karama is 26% higher than five years ago. 77% of tenancies registered in 2025 were renewals rather than new lets.
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