Dubai March 2023: The Official Rental Performance Index
• Overall monthly Index recorded 1.028 and an index price of AED
55,062.
• Apartments monthly Index recorded 1.034 and an index price of
AED 51,074.
• Villas/Townhouses monthly Index recorded 0.929 and an index
price of AED 142,380.
• Overall quarterly Index recorded 1.027 and an index price of AED
54,949.
• Apartments quarterly Index recorded 1.052 and an index price of
AED 50,699.
• Villas/Townhouses quarterly Index recorded 0.933 and an index
price of AED 142,652.
55,062.
• Apartments monthly Index recorded 1.034 and an index price of
AED 51,074.
• Villas/Townhouses monthly Index recorded 0.929 and an index
price of AED 142,380.
• Overall quarterly Index recorded 1.027 and an index price of AED
54,949.
• Apartments quarterly Index recorded 1.052 and an index price of
AED 50,699.
• Villas/Townhouses quarterly Index recorded 0.933 and an index
price of AED 142,652.
Key Findings:
• March had a total of 50,250 rental contracts of which 53.28
percent were new and 46.72 percent were renewals.
• In March, 90.24 percent were annual contracts while 9.76
percent were non-annual contracts.
• 72.03 percent were registered for residential purposes while
27.11 percent were for commercial purposes.
• Q1 2023 had a total of 156,696 rental contracts of which
54.05 percent were new and 45.95 percent were renewals.
• In Q1 2023, 90.85 percent were annual contracts while 9.15
percent were non-annual contracts.
• In Q1 2023, 69.10 percent of the contracts were for
residential purposes while 29.79 percent of the contracts
were registered for commercial purposes.
percent were new and 46.72 percent were renewals.
• In March, 90.24 percent were annual contracts while 9.76
percent were non-annual contracts.
• 72.03 percent were registered for residential purposes while
27.11 percent were for commercial purposes.
• Q1 2023 had a total of 156,696 rental contracts of which
54.05 percent were new and 45.95 percent were renewals.
• In Q1 2023, 90.85 percent were annual contracts while 9.15
percent were non-annual contracts.
• In Q1 2023, 69.10 percent of the contracts were for
residential purposes while 29.79 percent of the contracts
were registered for commercial purposes.
