25 May 2018

Dubai / Abu Dhabi Residential Property Price Indices: April 2018 Results

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DATA PERIOD: APRIL 2018

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential decreased by 0.9 points, from 246.1 to 245.2, which represents a decrease of 0.36% in April 2018. Prices also decreased 5.09% y-o-y.

Apartment sales prices registered a decrease in April 2018. Prices decreased 0.40% m-o-m and also decreased 4.96% y-o-y.

Villa sales prices registered a decrease in April 2018. Prices decreased 0.05% m-o-m and also decreased 5.49% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

The Dubai Residential Property Rental Price Index for all residential decreased by 0.3 points, from 87.7 to 87.4, which represents a decrease of 0.32% in April 2018. Prices also decreased 7.69% y-o-y.

Apartment rent prices registered a decrease in April 2018. Prices decreased 0.31% m-o-m and also decreased 7.23% y-o-y.

Villa rent prices registered a decrease in April 2018. Prices decreased 0.40% m-o-m and also decreased 10.23% y-o-y.

Abu Dhabi Residential Property Price Indices: Sales Price Indices

The Abu Dhabi Residential Property Sales Price Index for all residential increased by 0.2 points, from 90.3 to 90.5, which represents an increase of 0.22% in April 2018. On the other hand, prices decreased 6.58% y-o-y.

Apartment sales prices registered an increase in April 2018. Prices increased 0.64% m-o-m but decreased 7.47% y-o-y.

Villa sales prices registered a decrease in April 2018. Prices decreased 1.16% m-o-m and also decreased 3.73% y-o-y.

Abu Dhabi Residential Property Price Indices: Rental Price Indices

The Abu Dhabi Residential Property Rental Price Index for all residential decreased by 0.2 points, from 86.3 to 86.1, which represents a decrease of 0.13% in April 2018. Prices also decreased 9.70% y-o-y.

Apartment rent prices registered a decrease in April 2018. Prices decreased 0.22% m-o-m and also decreased 10.22% y-o-y.

Villa rent prices registered an increase in April 2018. Prices increased 0.21% m-o-m but decreased 7.73% y-o-y.

New Cities Residential Property Price Indices: Sales Price Indices

Ajman apartment sales prices registered a decrease in April 2018. Prices decreased 1.04% m-o-m and also decreased 0.11% y-o-y.

Ras Al Khaimah apartment sales prices registered an increase in April 2018. Prices increased 1.10% m-o-m but decreased 2.13% y-o-y.

Sharjah apartment sales prices registered a decrease in April 2018. Prices decreased 1.10% m-o-m but increased 2.99% y-o-y.

New Cities Residential Property Price Indices: Rental Price Indices

Ajman apartment rent prices registered a decrease in April 2018. Prices decreased 0.44% m-o-m and also decreased 5.97% y-o-y.

Ras Al Khaimah apartment rent prices registered a decrease in April 2018. Prices decreased 1.38% m-o-m and also decreased 8.14% y-o-y.

Sharjah apartment rent prices registered a decrease in April 2018. Prices decreased 0.88% m-o-m and also decreased 4.91% y-o-y.

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