Palm Jumeirah reported the best annual apartment performance with double-digit growth at 21.2 percent Showing tentative signs of recovering from the pandemic"s negative impacts, Dubai"s residential capital values for February stood at 78.1 points. However, the current residential capital value is 21.9 percent lower than the 100 point index base of January 2014 but higher than January 2022 which stood at 77.1 points, according to UAE-based consulting firm ValuStrat. The pace of monthly price growth was steady at just over 1 percent, Dubai villa capital values increased 2.1 percent monthly, and apartments saw marginal growth of just 0.5 percent, the report noted. According to the report, all apartment locations monitored by the valuation-based index had positive annual capital gains with the exception of Jumeirah Village, which marked a negative annual capital gain which stands at -1 percent. Palm Jumeirah reported the best annual apartment performance with double-digit growth at 21.2 percent, followed by Jumeirah Beach Residence and Burj Khalifa at 16.3 percent and 13.7 percent respectively. Residential sales transaction volumes in February increased 18.9 percent compared to the previous month and 105.4 percent higher than the same period last year. Topping the sales charts overall were properties developed by Emaar with a 19.1 percent market share, followed by Damac with a 14.3 percent share.