Dubai March 2024: The Official Rental Performance Index
• Overall monthly Index recorded 1.123 and an index price of AED
59,514.
• Apartments monthly Index recorded 1.134 and an index price of
AED 55,390.
• Villas/Townhouses monthly Index recorded 1.025 and an index
price of AED 153,980.
• Overall quarterly Index recorded 1.126 and an index price of AED
59,535.
• Apartments quarterly Index recorded 1.156 and an index price of
AED 55,111.
• Villas/Townhouses quarterly Index recorded 1.013 and an index
price of AED 154,332.
59,514.
• Apartments monthly Index recorded 1.134 and an index price of
AED 55,390.
• Villas/Townhouses monthly Index recorded 1.025 and an index
price of AED 153,980.
• Overall quarterly Index recorded 1.126 and an index price of AED
59,535.
• Apartments quarterly Index recorded 1.156 and an index price of
AED 55,111.
• Villas/Townhouses quarterly Index recorded 1.013 and an index
price of AED 154,332.
Key Findings:
• March had a total of 58,854 rental contracts of which 56.18%
were new and 43.82% were renewals. In March, 93.97% were
annual contracts while 6.03% were non-annual contracts.
•62.92% were registered for residential purposes while 36.45%
were for commercial purposes.
• Q1 2024 had a total of 202,209 rental contracts of which
50.82% were new and 49.18% were renewals.
• In Q1 2024, 93.89% were annual contracts while 6.11% were
non-annual contracts. In Q1 2024, 61.90% of the contracts
were for residential purposes while 37.15% of the contracts
were registered for commercial purposes.
were new and 43.82% were renewals. In March, 93.97% were
annual contracts while 6.03% were non-annual contracts.
•62.92% were registered for residential purposes while 36.45%
were for commercial purposes.
• Q1 2024 had a total of 202,209 rental contracts of which
50.82% were new and 49.18% were renewals.
• In Q1 2024, 93.89% were annual contracts while 6.11% were
non-annual contracts. In Q1 2024, 61.90% of the contracts
were for residential purposes while 37.15% of the contracts
were registered for commercial purposes.
