Al Ras
A historic area in Deira, home to the Gold Souk and Heritage Village.
Community Intelligence — by Peak Trust Analytics
Al Ras: rental market
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 948 tenancy contracts in 2025, with 67% of leases renewed.
AED 50k
Median annual rent
2025
948
Tenancy contracts
#33 of 56 rental areas
67%
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 Ras?
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 Oct 2026. Proprietary — not to be reused or redistributed without authorization. Not investment advice.
About Al Ras
Questions & answers
Frequently Asked Questions
What is the average rent in Al Ras?
- The median annual rent on a home in Al Ras was AED 50,228 in 2025, across 948 registered tenancy contracts.
Is Al Ras freehold or leasehold?
- Al Ras is registered as leasehold with the Dubai Land Department.
How much have rents risen in Al Ras?
- The median annual rent in Al Ras is 26% higher than five years ago. 67% of tenancies registered in 2025 were renewals rather than new lets.
Our Experts Are Available Now
Considering Al Ras?
Our advisors can price a specific asset here against comparable transactions and tell you what the record supports — including when it supports waiting.
Advisory engagements are accepted by application. We respond to every submission.