23 January 2018

Dubai / Abu Dhabi Residential Property Price Indices: December 2017 Results

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DATA PERIOD: DECEMBER 2017

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential decreased by 0.6 points, from 250.5 to 249.9, which represents a decrease of 0.21% in December 2017. Prices also decreased 3.84%  y-o-y.

Apartment sales prices registered an increase in December 2017. Prices increased 0.12% m-o-m but decreased 3.83% y-o-y.

Villa sales prices registered a decrease in December 2017. Prices decreased 1.50% m-o-m and also decreased 3.84% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

The Dubai Residential Property Rental Price Index for all residential decreased by 0.9 points, from 89.6 to 88.7, which represents a decrease of 1.04% in December 2017. Prices also decreased 7.39% y-o-y.

Apartment rental prices registered a decrease in December 2017. Prices decreased 0.91% m-o-m and also decreased 7.23% y-o-y.

Villa rental prices registered a decrease in December 2017. Prices decreased 1.76% m-o-m and also decreased 8.30% y-o-y.

Abu Dhabi Residential Property Price Indices: Sales Price Indices

The Abu Dhabi Residential Property Sales Price Index for all residential decreased by 0.3 points, from 92.1 to 91.8, which represents a decrease of 0.36% in December 2017. Prices also decreased 9.06% y-o-y.

Apartment sales prices registered a decrease in December 2017. Prices decreased 0.70% m-o-m and also decreased 10.18% y-o-y.

Villa sales prices registered an increased in December 2017. Prices increased 0.75% m-o-m but decreased 5.44% 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 1.4 points, from 90.1 to 88.7, which represents a decrease of 1.49% in December 2017. Prices decreased 11.37% y-o-y.

Apartment rental prices registered a decrease in December 2017. Prices decreased 1.52% m-o-m and also decreased 11.71% y-o-y.

Villa rental prices registered a decrease in December 2017. Prices decreased 1.33% m-o-m and also decreased 10.05% y-o-y.

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