Despite facing supply and demand imbalances in the future, the addition of new housing units may lead to intense price competition, potentially slowing the upward trend. For example, areas like Jumeirah Village Circle and Tilal Al Ghaf are expected to witness a significant number of property handovers, providing tenants and property owners with more choices.

Jacob Bramley, Leasing Manager at Betterhomes, stated, "I believe rents will continue to rise at a more steady pace compared to the past two years." He further noted, "With a large number of homes being handed over next year and intense price competition, I believe the momentum for price increases may weaken."

Dubai's housing demand continues to surge, leading to a scarcity of vacant properties and solidifying the robust and prosperous rental market. At the same time, landlords are actively addressing this situation, and vacancy periods are becoming increasingly shorter.

Regarding the demand in the rental market, Cherif Sleiman, Chief Revenue Officer at Property Finder, stated that Dubai Marina, Jumeirah Village Circle, Business Bay, Downtown Dubai, and Jumeirah Lakes Towers are the most popular apartment areas. For villas, seeking three-bedroom or larger options in areas such as Dubai Hills Estate, Damac Hills 2, Al Barsha, Jumeirah, and Damac Hills is most sought after.

Based on the demand and popularity of these regions, it is expected that rental growth in these areas will be higher in the coming years. Property Finder data shows that one-bedroom apartments have the highest demand, with about 66% of tenants looking for furnished homes.

Additionally, the development of new projects may provide tenants with more choices, helping to sustain the continuously growing demand. Jacob Bramley believes that the new supply in communities like JVC, Cherrywoods, and Tilal Al Ghaf will intensify competition among landlords in surrounding areas and offer tenants more choices than ever before.