Dubai June 2024: The Official Rental Performance Index
• Overall monthly Index recorded 1.158 and an index price of AED 61,743.
• Apartments monthly Index recorded 1.169 and an index price of AED 57,169.
• Villas/Townhouses monthly Index recorded 1.053 and an index price of AED 159,471.
• Overall quarterly Index recorded 1.155 and an index price of AED 61,038.
• Apartments quarterly Index recorded 1.182 and an index price of AED 56,374.
• Villas/Townhouses quarterly Index recorded 1.034 and an index price of AED 157,802.
• Apartments monthly Index recorded 1.169 and an index price of AED 57,169.
• Villas/Townhouses monthly Index recorded 1.053 and an index price of AED 159,471.
• Overall quarterly Index recorded 1.155 and an index price of AED 61,038.
• Apartments quarterly Index recorded 1.182 and an index price of AED 56,374.
• Villas/Townhouses quarterly Index recorded 1.034 and an index price of AED 157,802.
Key Findings:
• June had a total of 49,690 rental contracts, of which 54.95 % were new, and 45.05 % were renewals.
• In June, 93.99 % were annual contracts, while 6.01 % were non-annual contracts.
65.07 % were registered for residential purposes, while 34.19 % were for commercial purposes.
• Q2 2024 had a total of 157,110 rental contracts, of which 55.96 % were new, and 44.04 % were renewals.
• In Q2 2024, 94.27 % were annual contracts, while 5.73 % were non-annual contracts.
• In Q2 2024, 61.82 % of the contracts were for residential purposes, while 37.51 % of the contracts were registered for commercial purposes.
• In June, 93.99 % were annual contracts, while 6.01 % were non-annual contracts.
65.07 % were registered for residential purposes, while 34.19 % were for commercial purposes.
• Q2 2024 had a total of 157,110 rental contracts, of which 55.96 % were new, and 44.04 % were renewals.
• In Q2 2024, 94.27 % were annual contracts, while 5.73 % were non-annual contracts.
• In Q2 2024, 61.82 % of the contracts were for residential purposes, while 37.51 % of the contracts were registered for commercial purposes.
