29 January 2014

Dubai/Abu Dhabi Residential Property Price Indices: December 2013 Results

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January, 2014

Dubai Residential Property Price Indices: Sales Price Indices
Residential property prices in Dubai housing market performed well in December 2013. The Dubai Residential Property Sales Index for all residential increased by 6.5 points, from 245.3 to 251.8, which represents an increase of 2.64% mom. On the other hand, prices increased 23.80% yoy.

Apartment sales prices registered an increase in December 2013. Prices increased 2.59% mom and 25.68% yoy.

Villa sales prices registered an increase on a mom basis in December 2013. Prices increased 2.80% mom and 16.90% yoy.

Dubai Residential Property Price Indices: Rental Price Indices
Residential property prices in Dubai rental market increased by 1.60 points, from 90.30 to 91.60, which represents an increase of 1.77% mom in December 2013. On the other hand, rental prices increase 18.26% yoy.

Apartment rental prices show an increase on a mom basis in December 2013. Prices increased 1.99% mom and 19.73% yoy.

Villa rental prices registered an increase in December 2013. Prices increased 0.74% mom and 11.48% yoy.


Abu Dhabi Residential Property Price Indices: Sales Price Indices
The Abu Dhabi Residential Property Price Index for all residential increased by 1.50 points, from 76.50 to 78.00, which represents an increase of 2.03% mom in December 2013. On the other hand, prices increased 20.60% yoy.

Apartment sales prices registered an increase in December 2013. Prices increased 1.48% mom and 21.42% yoy.

Villa sales prices registered an increase in December 2013. Prices increased 2.17% mom but increased 17.53% yoy.

Abu Dhabi Residential Property Price Indices: Rental Price Indices
Residential property prices in Abu Dhabi rental market increased by 0.30 points, from 62.60 to 62.90, which represents an increase of  0.55% mom in December 2013. On the other hand, prices increased  3.40% yoy.

Apartment rental prices increased 0.81% in December 2013 compared to November 2013 and increased 8.41% compared to December 2012.

Villa rental prices increased 0.61% in December 2013 compared to November 2013 and increased 4.89% compared to December 2012.




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