20 April 2018

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

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DATA PERIOD: MARCH 2018

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential decreased by 2.6 points, from 248.7 to 246.1, which represents a decrease of 1.05% in March 2018. Prices also decreased 4.76% y-o-y.

Apartment sales prices registered a decrease in March 2018. Prices decreased 1.04% m-o-m and also decreased 4.70% y-o-y.

Villa sales prices registered a decrease in March 2018. Prices decreased 1.10% m-o-m and also decreased 5.02% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

The Dubai Residential Property Rental Price Index for all residential decreased by 0.4 points, from 88.1 to 87.7, which represents a decrease of 0.40% in March 2018. Prices also decreased 7.75% y-o-y.

Apartment rent prices registered a decrease in March 2018. Prices decreased 0.43% m-o-m and also decreased 7.31% y-o-y.

Villa rent prices registered a decrease in March 2018. Prices decreased 0.19% m-o-m and also decreased 10.15% 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 0.1 points, from 90.4 to 90.3, which represents a decrease of 0.19% in March 2018. Prices also decreased 7.23% y-o-y.

Apartment sales prices registered a decrease in March 2018. Prices decreased 0.10% m-o-m and also decreased 8.51% y-o-y.

Villa sales prices registered a decrease in March 2018. Prices decreased 0.45% m-o-m and also decreased 3.03% 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 86.9 to 86.3, which represents a decrease of 0.74% in March 2018. Prices also decreased 10.38% y-o-y.

Apartment rent prices registered a decrease in March 2018. Prices decreased 0.62% m-o-m and also decreased 10.68% y-o-y.

Villa rent prices registered a decrease in March 2018. Prices decreased 1.16% m-o-m and also decreased 9.25% y-o-y.

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