Dubai August 2024: The Official Rental Performance Index
• Overall monthly Index recorded 1.182 and an index
price of AED 63,576.
• Apartments monthly Index recorded 1.190 and an
index price of AED 58,513.
• Villas/Townhouses’ monthly Index recorded 1.093
and an index price of AED 165,810.
price of AED 63,576.
• Apartments monthly Index recorded 1.190 and an
index price of AED 58,513.
• Villas/Townhouses’ monthly Index recorded 1.093
and an index price of AED 165,810.
Key Findings:
• August 2024 recorded 63,516 rental leases
• 56.9% were new leases, while 43.1% were renewals
• 94.5% were annual contracts, while 5.5% were non-
annual contracts
• 64.2% were residential leases. While 35.8% were
commercial and other leases.
• 56.9% were new leases, while 43.1% were renewals
• 94.5% were annual contracts, while 5.5% were non-
annual contracts
• 64.2% were residential leases. While 35.8% were
commercial and other leases.
