Dubai June 2023: The Official Rental Performance Index
• Overall monthly Index recorded 1.052 and an index price of AED
56,518.
• Apartments monthly Index recorded 1.059 and an index price of
AED 52,067.
• Villas/Townhouses monthly Index recorded 0.959 and an index
price of AED 146,385.
• Overall quarterly Index recorded 1.051 and an index price of AED
56,109
• Apartments quarterly Index recorded 1.074 and an index price of
AED 51,625.
• Villas/Townhouses quarterly Index recorded 0.943 and an index
price of AED 145,220.
56,518.
• Apartments monthly Index recorded 1.059 and an index price of
AED 52,067.
• Villas/Townhouses monthly Index recorded 0.959 and an index
price of AED 146,385.
• Overall quarterly Index recorded 1.051 and an index price of AED
56,109
• Apartments quarterly Index recorded 1.074 and an index price of
AED 51,625.
• Villas/Townhouses quarterly Index recorded 0.943 and an index
price of AED 145,220.
Key Findings:
• June had a total of 42,974 rental contracts, of which 55.03 %
were new, and 44.97 % were renewals.
• In June, 91.35 % were annual contracts, while 8.65 % were
non-annual contracts.
• 71.08 % were registered for residential purposes, while 27.91
% were for commercial purposes.
• Q2 2023 had a total of 131,293 rental contracts, of which
53.37 % were new, and 46.63 % were renewals.
• In Q2 2023, 91.24 % were annual contracts, while 8.76 %
were non-annual contracts.
• In Q2 2023, 70.86 % of the contracts were for residential
purposes, while 28.20 % of the contracts were registered for
commercial purposes.
were new, and 44.97 % were renewals.
• In June, 91.35 % were annual contracts, while 8.65 % were
non-annual contracts.
• 71.08 % were registered for residential purposes, while 27.91
% were for commercial purposes.
• Q2 2023 had a total of 131,293 rental contracts, of which
53.37 % were new, and 46.63 % were renewals.
• In Q2 2023, 91.24 % were annual contracts, while 8.76 %
were non-annual contracts.
• In Q2 2023, 70.86 % of the contracts were for residential
purposes, while 28.20 % of the contracts were registered for
commercial purposes.
