20 March 2017

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

DATA PERIOD: FEBRUARY 2017

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential increased by 0.3 points, from 259.1 to 259.4, which represents an increase of 0.10% in February 2017. On the other hand, prices increased 0.97% y-o-y.

Apartment sales prices registered an increase in February 2017. Prices increased 0.12% m-o-m and also increased 1.06% y-o-y.

Villa sales prices registered an increase in February 2017. Prices increased 0.06% m-o-m and also increased 0.59% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

The Dubai Residential Property Rental Price Index for all residential decreased by 0.8 points, from 95.6 to 94.8, which represents a decrease of 0.90% in February 2017. On the other hand, prices decreased 3.69% y-o-y.

Apartment rental prices registered a decrease in February 2017. Prices decreased 1.04% m-o-m and also decreased 2.89% y-o-y.

Villa rental prices registered a decrease in February 2017. Prices decreased 0.10% m-o-m and also decreased 7.86% 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 0.9 points, from 79.5 to 78.6, which represents a decrease of 1.18% in February 2017. On the other hand, prices decreased 6.23% y-o-y.

Apartment sales prices registered a decrease in February 2017. Prices decreased 1.12% m-o-m and also decreased 5.86% y-o-y.

Villa sales prices registered a decrease in February 2017. Prices decreased 1.31% m-o-m and also decreased 7.39% 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 0.7 points, from 61.9 to 61.2, which represents a decrease of 1.16% in February 2017. On the other hand, prices decreased 8.59% y-o-y.

Apartment rental prices registered a decrease in February 2017. Prices decreased 1.30% m-o-m and also decreased 9.81% y-o-y.

Villa rental prices registered a decrease in February 2017. Prices decreased 0.82% m-o-m and also decreased 4.81% y-o-y.

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