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Mo’asher Rental Performance Index – April 2022

In April, the total rental contracts reached 41,810 registered leases of which 60.4 percent were new contracts while 39.6 percent were renewed. The annual contracts acquired 79.5 percent of the total contracts while 20.5 percent were non-annual. Last but not least, the registered leases for residential purposes acquired around 74 percent of the total contracts, while 25 percent were registered for commercial purposes.