Al Souk Al Kabir
A traditional market area in Bur Dubai, with residential and commercial spaces.
Community Intelligence — by Peak Trust Analytics
Al Souk Al Kabir: rental market
Al Souk Al Kabir is a non-freehold area — property is owned by UAE/GCC nationals and the market is rental, not sale, registered under the Al Suq Al Kabeer area, Dubai.
Apartments in Al Souk Al Kabir lease for a median of about AED 44k per year, across 7,076 tenancy contracts in 2025, with 71% of leases renewed.
AED 44k
Median annual rent
2025
7,076
Tenancy contracts
#10 of 56 rental areas
71%
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 Souk Al Kabir?
A traditional trading quarter in Bur Dubai covering the Meena Bazaar and old souk area. Its built form is low- and mid-rise commercial buildings with ground-floor shops and apartments on upper floors, giving it a mixed commercial-residential character.
About Al Souk Al Kabir
Questions & answers
Frequently Asked Questions
What is the average rent in Al Souk Al Kabir?
- The median annual rent on a home in Al Souk Al Kabir was AED 44,000 in 2025, across 7,076 registered tenancy contracts.
Is Al Souk Al Kabir freehold or leasehold?
- Al Souk Al Kabir is registered as leasehold with the Dubai Land Department.
How much have rents risen in Al Souk Al Kabir?
- The median annual rent in Al Souk Al Kabir is 26% higher than five years ago. 71% of tenancies registered in 2025 were renewals rather than new lets.
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