Dubai May 2024: The Official Rental Performance Index
• Overall monthly Index recorded 1.144 and an index
price of AED 60,825.
• Apartments monthly Index recorded 1.155 and an
index price of AED 56,444.
• Villas/Townhouses monthly Index recorded 1.042
and an index price of AED 157,041.
price of AED 60,825.
• Apartments monthly Index recorded 1.155 and an
index price of AED 56,444.
• Villas/Townhouses monthly Index recorded 1.042
and an index price of AED 157,041.
Key Findings:
• May had a total of 59,609 rental contracts, of which
59.36% were new, and 40.64% were renewals.
• In May, 94.37% were annual contracts, while 5.63%
were non-annual contracts.
• 57.54% were registered for residential purposes,
while 41.85% were for commercial purposes.
59.36% were new, and 40.64% were renewals.
• In May, 94.37% were annual contracts, while 5.63%
were non-annual contracts.
• 57.54% were registered for residential purposes,
while 41.85% were for commercial purposes.
