1 February 2015

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

January, 2015

Dubai Residential Property Price Indices: Sales Price Indices
The Dubai Residential Property Sales Price Index for all residential decreased by 1.9 points, from 295.2 to 293.3, which represents a decrease of 0.64% in December 2014. On the other hand, prices increased 16.5% y-o-y.

Apartment sales prices registered a decrease in December 2014. Prices decreased 0.71% m-o-m but increased 18.6% y-o-y.

Villa sales prices registered a decrease in December 2014. Prices decreased 0.34% m-o-m but increased 8.4% y-o-y.


Dubai Residential Property Price Indices: Rental Price Indices
Residential property prices in Dubai rental market decreased by 0.1 points, from 104.3 to 104.2, which represents a decrease of 0.10% in December 2014. On the other hand, rental prices increase 13.4% y-o-y.

Apartment rental prices show a decrease on a m-o-m basis in December 2014. Prices decreased 0.10% m-o-m but increased 15.3% y-o-y.

Villa rental prices registered a decrease on a m-o-m basis in December 2014. Prices decreased 0.10% m-o-m but increased 4.3% y-o-y.


Abu Dhabi Residential Property Price Indices: Sales Price Indices
The Abu Dhabi Residential Property Price Index for all residential decreased by 0.8 points, from 85.0 to 84.2, which represents a decrease of 0.94% in December 2014. On the other hand, prices increased 7.9% y-o-y.

Apartment sales prices registered a decrease in December 2014. Prices decreased 0.30% m-o-m but increased 7.2% y-o-y.

Villa sales prices registered a decrease in December 2014. Prices decreased 1.46% m-o-m but increased 6.1% y-o-y.

Abu Dhabi Residential Property Price Indices: Rental Price Indices
Residential property prices in Abu Dhabi rental market decreased by 0.7 points, from 67.7 to 67.0, which represents a decrease of 1.03% in December 2014. On the other hand, prices increased 6.5% y-o-y.

Apartment rental prices show a decrease on a m-o-m and y-o-y basis in December 2014. Prices decreased 0.75% m-o-m and decreased 3.1% y-o-y.

Villa rental prices registered a decrease in December 2014. Prices decreased 1.28% m-o-m but increased 12.0% y-o-y.


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