Dubai August 2023: The Official Rental Performance Index
• Overall monthly Index recorded 1.071 and an index price of AED
58,089.
• Apartments’ monthly Index recorded 1.078 and an index price of
AED 53,209.
• Villas/Townhouses' monthly Index recorded 0.982 and an index
price of AED 150,119.
58,089.
• Apartments’ monthly Index recorded 1.078 and an index price of
AED 53,209.
• Villas/Townhouses' monthly Index recorded 0.982 and an index
price of AED 150,119.
Key Findings:
• August 2023 recorded 53,227 rental leases
54.97 % were new leases, while 45.03 % were renewals.
• 92.29 % were annual contracts, while 7.73 % were non-
annual contracts.
• 28.65 % were commercial leases, while 70.39 % were
residential leases.
54.97 % were new leases, while 45.03 % were renewals.
• 92.29 % were annual contracts, while 7.73 % were non-
annual contracts.
• 28.65 % were commercial leases, while 70.39 % were
residential leases.
