Dubai May 2022: The Official Rental Performance Index
• Overall monthly Index recorded 0.962 and an index price of AED 52,013.
• Apartments monthly Index recorded 0.966 and an index price of AED 47,910.
• Villas/Townhouses monthly Index recorded 0.867 and an index price of AED 132,401.
• Apartments monthly Index recorded 0.966 and an index price of AED 47,910.
• Villas/Townhouses monthly Index recorded 0.867 and an index price of AED 132,401.
Key Findings:
• May 2022 recorded 35,327 rental leases 59.6 percent were new leases while 40.4 percent were renewals.
• 80.9 percent were annual contracts while 19.1 were for non-annual leases.
• 25 percent were commercial leases while 74 percent were residential leases.
• 80.9 percent were annual contracts while 19.1 were for non-annual leases.
• 25 percent were commercial leases while 74 percent were residential leases.
