28 May 2014

Dubai/Abu Dhabi Residential Property Price Indices: April 2014 Results

May, 2014

Dubai Residential Property Price Indices: Sales Price Indices

Residential property prices in Dubai housing market performed still well in April 2014. The Dubai Residential Property Sales Price Index for all residential increased by 9.2 points, from 277.3 to 286.5, which represents an increase of 3.33% in April 2014. On the other hand, prices increased 37.50% y-o-y.

Apartment sales prices registered an increase in April 2014. Prices increased 3.62% m-o-m and 41.7% y-o-y.

Villa sales prices registered an increase on a m-o-m basis in April 2014.  Prices increased 2.16% m-o-m and 22.6% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices
Residential property prices in Dubai rental market increased by 1.70 points, from 98.50 to 100.20, which represents an increase of 1.73% in April 2014. On the other hand, rental prices increase 26.2% y-o-y.

Apartment rental prices show an increase on a m-o-m basis in April 2014. Prices increased 2.08% m-o-m and 29.5% y-o-y.

Villa rental prices registered a decrease in April 2014. Prices decreased 0.03% m-o-m but increased 11.8% y-o-y.

Abu Dhabi Residential Property Price Indices: Sales Price Indices
The Abu Dhabi Residential Property Price Index for all residential increased by 0.30 points, from 82.60 to 82,90, which represents an increase of 0.43% in April 2014. On the other hand, prices increased 21.0% y-o-y.

Apartment sales prices registered an increase in April 2014. Prices increased 0.67% m-o-m and 23.5% y-o-y.

Villa sales prices registered a decrease in April 2014. Prices decreased 0.42% m-o-m but increased 14.4% y-o-y.

Abu Dhabi Residential Property Price Indices: Rental Price Indices
Residential property prices in Abu Dhabi rental market decreased by 0.40 points, from 64.50 to 64,10, which represents a decrease of 0.71% in April 2014. On the other hand, prices increased 3.4% y-o-y.

Apartment rental prices decreased 2.63% in April 2014 compared to March 2014 but increased 0.7% compared to April 2013.

Villa rental prices decreased 0.53% in April 2014 compared to March 2014 but increased 6.3% compared to April 2013.


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