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StableGCC-only (Leasehold)

Al Raffa

Dubai, UAE

A residential community in Bur Dubai, known for its traditional architecture and proximity to Dubai Creek.

Community Intelligence — by Peak Trust Analytics

Al Raffa: rental market

Leasehold · GCC-only ownershipUpdated Oct 2026

Al Raffa is a non-freehold area — property is owned by UAE/GCC nationals and the market is rental, not sale, Dubai.

Apartments in Al Raffa lease for a median of about AED 60k per year, across 8,205 tenancy contracts in 2025, with 75% of leases renewed.

AED 60k

Median annual rent

2025

-7%

8,205

Tenancy contracts

#7 of 56 rental areas

75%

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 Raffa?

ApartmentsCommercial

Al Raffa is an older Bur Dubai neighbourhood near Dubai Creek, built mainly of low- and mid-rise apartment buildings with ground-floor shops. Commercial and retail uses run along its streets alongside the residential stock.

Property-type mix

Apartments
70%
Commercial
30%
Hospitality
1%

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 Raffa

Questions & answers

Frequently Asked Questions

What is the average rent in Al Raffa?

The median annual rent on a home in Al Raffa was AED 59,583 in 2025, across 8,205 registered tenancy contracts.

Is Al Raffa freehold or leasehold?

Al Raffa is registered as leasehold with the Dubai Land Department.

How much have rents risen in Al Raffa?

The median annual rent in Al Raffa is 24% higher than five years ago. 75% of tenancies registered in 2025 were renewals rather than new lets.

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