Mo’asher Rental Performance Index – May 2022
In May, the total rental contracts reached 35,327 registered leases of which 59.6 percent were new contracts while 40.4 percent were renewed. Annual contracts acquired 80.9 percent of the total contracts while 19.1 percent were non-annual.
The registered leases for residential purposes acquired around 73.8 percent of the total contracts, while 25.3 percent were registered for commercial purposes.