Dubai July 2022: The Official Rental Performance Index
2022-07-25• Overall monthly Index recorded 0.978 and an index price of AED 52,248.
• Apartments monthly Index recorded 0.981 and an index price of AED 48,688.
• Villas/Townhouses' monthly Index recorded 0.880 and an index price of AED 135,456.
• Apartments monthly Index recorded 0.981 and an index price of AED 48,688.
• Villas/Townhouses' monthly Index recorded 0.880 and an index price of AED 135,456.
Key Findings:
- July 2022 recorded 42,698 rental leases
- 56.04 percent were new leases while 43.96 percent were renewals
- 85.94 percent were annual contracts while 14.06 percent were non-annual leases
- 25.66 percent were commercial leases while 72.97 percent were residential leases.
