Dubai September 2024: The Official Rental Performance Index
• Overall monthly index recorded 1.193 and an index price of AED 64,253.
• Apartments monthly index recorded 1.203 and an index price of AED 59,091.
• Villas/Townhouses monthly index recorded 1.110 and an index price of AED 169,041.
• Overall quarterly index recorded 1.192 and an index price of AED 63,511.
• Apartments quarterly index recorded 1.222 and an index price of AED 58,315.
• Villas/Townhouses quarterly index recorded 1.08 and an index price of AED 165,593.
• Apartments monthly index recorded 1.203 and an index price of AED 59,091.
• Villas/Townhouses monthly index recorded 1.110 and an index price of AED 169,041.
• Overall quarterly index recorded 1.192 and an index price of AED 63,511.
• Apartments quarterly index recorded 1.222 and an index price of AED 58,315.
• Villas/Townhouses quarterly index recorded 1.08 and an index price of AED 165,593.
Key Findings:
• September had a total of 67,278 rental contracts,
of which 59% of contracts were new and 41% were renewals.
• In September, 94.2% were annual contracts, while 5.8% were non-annual contracts.
• 62.6% were registered for residential purposes, while 37.4% were for commercial and other purposes.
• Q3 2024 had a total of 195,345 rental contracts, of which 57.3% were new and 42.7% were renewals.
• In Q3, 94.4% were annual contracts, while 5.6% were non-annual contracts.
• In Q3, 62.3% contracted for residential purposes, while 37.7% were registered for commercial purposes.
of which 59% of contracts were new and 41% were renewals.
• In September, 94.2% were annual contracts, while 5.8% were non-annual contracts.
• 62.6% were registered for residential purposes, while 37.4% were for commercial and other purposes.
• Q3 2024 had a total of 195,345 rental contracts, of which 57.3% were new and 42.7% were renewals.
• In Q3, 94.4% were annual contracts, while 5.6% were non-annual contracts.
• In Q3, 62.3% contracted for residential purposes, while 37.7% were registered for commercial purposes.
