29 September 2016

Dubai/Abu Dhabi Residential Property Price Indices: August 2016 Results

DATA PERIOD: AUGUST 2016

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential increased by 0.3 points, from 260.2 to 260.5, which represents an increase of 0.14% in August 2016. On the other hand, prices decreased 1.8% y-o-y.

Apartment sales prices registered an increase in August 2016. Prices increased 0.19% m-o-m but decreased 1.7% y-o-y.

Villa sales prices registered a decrease in August 2016. Prices decreased 0.07% m-o-m and also decreased 2.5% y-o-y.

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Dubai Residential Property Price Indices: Rental Price Indices

Residential property prices in Dubai rental market increased by 0.3 points, from 97.9 to 98.2, which represents an increase of 0.30% in August 2016. On the other hand, prices decreased 4.0% y-o-y.

Apartment rental prices registered an increase in August 2016. Prices increased 0.46% m-o-m but decreased 3.6% y-o-y.

Villa rental prices registered a decrease in August 2016. Prices decreased 0.63% m-o-m and also decreased 5.9% y-o-y.

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Abu Dhabi Residential Property Price Indices: Sales Price Indices

The Abu Dhabi Residential Property Price Index for all residential decreased by 0.01 points, from 82.62 to 82.61, which represents a decrease of 0.01% in August 2016. On the other hand, prices increased 0.3% y-o-y.

Apartment sales prices registered a decrease in August 2016. Prices decreased 0.08% m-o-m and also decreased 0.8% y-o-y.

Villa sales prices registered an increase in August 2016. Prices increased 0.19% m-o-m and also increased 1.2% y-o-y.

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Abu Dhabi Residential Property Price Indices: Rental Price Indices

Residential property prices in Abu Dhabi rental market decreased by 0.3 points, from 65.5 to 65.2, which represents a decrease of 0.50% in August 2016. On the other hand, prices decreased 1.2% y-o-y.

Apartment rental prices registered a decrease in August 2016. Prices decreased 0.58% m-o-m and also decreased 2.3% y-o-y.

Villa rental prices registered a decrease in August 2016. Prices decreased 0.19% m-o-m but increased 1.5% y-o-y.

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