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A historic area in Deira, home to the Gold Souk and Heritage Village.
Community Intelligence — by Peak Trust Analytics
Al Ras is a non-freehold area — property is owned by UAE/GCC nationals and the market is rental, not sale, Dubai.
Apartments in Al Ras lease for a median of about AED 50k per year, across 943 tenancy contracts in 2025, with 67% of leases renewed.
AED 50k
Median annual rent
2025
943
Tenancy contracts
#33 of 56 rental areas
67%
Leases renewed
tenant retention
0%
Freehold stock
rest is GCC-only
Median annual rent (AED) by year
Data computed by Peak Trust Analytics · Dubai market data powered by the Dubai Land Department (DLD) · Updated Jul 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.
A historic Deira quarter centred on the Gold and Spice Souks, dominated by commercial trading premises and shops. Retail and wholesale units define its character, with older residential apartments above the markets and budget hotels as secondary uses.
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 Jul 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.
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