In the post-COVID period, the largest concentration of Ejari transactions have
been in the prime sector, and specifically in 3 and 4 bedroom villas.
Top Performing Communities
There has been a clear shift away from super prime villas when it comes to the
communities that have seen the greatest price appreciation over the last three
and a half years. However, unlike with apartments, newer communities have
struggled to crack into that echelon.
New versus Renewed Contracts
Similar to apartments, newer Ejari contracts have seen superior price
appreciation almost across the board. Newer communities have also
performed better in most instances, with some notable exceptions. However,
this year has seen prices start to moderate, and even fall in some communities.
This may be a sign of market stabilization amidst the “mean reversion”