Growth of Dubai residential capital values

Dubai residential capital values rose in June 2022 according to the ValuStrat Index (VPI)
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%
Average rent in June increased by 21.7% from June 2021
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)