20 April 2017

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

DATA PERIOD: MARCH 2017

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential decreased by 1.0 points, from 259.4 to 258.4, which represents a decrease of 0.37% in March 2017. On the other hand, prices decreased 0.23% y-o-y.

Apartment sales prices registered a decrease in March 2017. Prices decreased 0.44% m-o-m and also decreased 0.12% y-o-y.

Villa sales prices registered a decrease in March 2017. Prices decreased 0.12% m-o-m but increased 0.70% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

The Dubai Residential Property Rental Price Index for all residential increased by 0.3 points, from 94.8 to 95.1, which represents an increase of 0.35% in March 2017. On the other hand, prices decreased 3.66% y-o-y.

Apartment rental prices registered an increase in March 2017. Prices increased 0.45% m-o-m but decreased 2.96% y-o-y.

Villa rental prices registered a decrease in March 2017. Prices decreased 0.26% m-o-m and also decreased 7.43% 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 0.8 points, from 78.6 to 77.8, which represents a decrease of 1.06% in March 2017. On the other hand, prices decreased 7.01% y-o-y.

Apartment sales prices registered a decrease in March 2017. Prices decreased 0.80% m-o-m and also decreased 6.65% y-o-y.

Villa sales prices registered a decrease in March 2017. Prices decreased 1.67% m-o-m and also decreased 7.98% 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 0.6 points, from 61.2 to 60.6, which represents a decrease of 1.00% in March 2017. On the other hand, prices decreased 9.41% y-o-y.

Apartment rental prices registered a decrease in March 2017. Prices decreased 1.07% m-o-m and also decreased 10.65% y-o-y.

Villa rental prices registered a decrease in March 2017. Prices decreased 0.83% m-o-m and also decreased 5.54% y-o-y.

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