The Dubai Commercial Property Price Index is launched in Dubai

The CPPI will act as a reliable source of useful information for investors, agencies and institutions.

The Dubai Land Department (DLD) in partnership with the leading global property consulting company Jones Lang Salle (JLL) launched the first ever Dubai Commercial Property Price Index (CPPI) at Cityscape Global 2021.

The index is the result of the memorandum of understanding (MoU) signed in 2020 by Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management Sector at DLD, and Thierry Delvaux, CEO of JLL Middle East, Africa and Turkey.

The CPPI is the commercial price index in Dubai, which will become a reliable source of useful information for investors, agencies and institutions. In addition to that, with the help of the index investors will be able to monitor commercial market performance when making investment decisions and portfolio management.

The index will be issued every quarter in English and Arabic. This source of information will be a key benchmark to use for analyzing the performance of commercial real estate in the emirate.

The Cityscape Global Summit and Exhibition are taking place in Dubai from 7 to 11 November at the Dubai Exhibition Centre within the Expo 2020 site. The summit addresses the three main sub-themes of Expo 2020 – opportunity, mobility and sustainability, with a special focus on the MENA region, namely the UAE, the KSA, Oman, Egypt, and Bahrain.