In June 2022, VPI increased by 1.1% compared to May 2021: For villas – by 1.7% For apartments – by 0.5% Compared to June 2021: For villas – by 32.2% For apartments – by 8% Areas with the highest annual capital gains: Villas Arabian Ranches – 38.8% Jumeirah Islands – 36.6% The Lakes – 34% Apartments Palm Jumeirah – 19.6% Burj Khalifa – 18.1% JBR – 14.8%
Apartments – by 21.2% Villas – by 24.7% This is the steepest increase since October 2014. According to global commercial real estate services, CBRE. In June 2022 average rental prices: Apartments – $23,221 Villas – $69,500 Leading areas in terms of average rental price: Apartments – Palm Jumeirah ($59,500) Villas – Al Barari ($242,000)