Dubai Land Department (DLD), in cooperation with Property Finder, launched the 1st edition of Dubai’s first ever official Residential Rental Performance Index (RRPI).
51,452 leases recorded in Jan 2022
- 52% new contracts
- 48% renewed contracts
- 81% annual contracts
- 19% non-annual contracts
Annual leases increased by 50.3% and non-annual leases increased by 75.5% in 2021 compared to 2020.
Most Popular Communities in 2022
According to Property Finder residential search data, Dubai Marina was the highest searched area, accounting for more than 11% of all searches. This was followed by Downtown Dubai, Business Bay, Jumeirah Village Circle and Jumeirah Lakes Towers.