Dubai July 2023: The Official Rental Performance Index
• Overall monthly Index recorded 1.061 and an index price of AED
57,255.
• Apartments monthly Index recorded 1.067 and an index price of
AED 52,513.
• Villas/Townhouses' monthly Index recorded 0.970 and an index
price of AED 148,707.
57,255.
• Apartments monthly Index recorded 1.067 and an index price of
AED 52,513.
• Villas/Townhouses' monthly Index recorded 0.970 and an index
price of AED 148,707.
Key Findings:
• July 2023 recorded 48,496 rental leases
55.54% were new leases while 49.46% were renewals.
• 91.88% were annual contracts while 8.12% were non-annual
leases.
• 28.62% were commercial leases while 70.10% were
residential leases.
55.54% were new leases while 49.46% were renewals.
• 91.88% were annual contracts while 8.12% were non-annual
leases.
• 28.62% were commercial leases while 70.10% were
residential leases.
