31 January 2017

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

DATA PERIOD: DECEMBER 2016

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential decreased by 0.6 points, from 260.5 to 259.9, which represents a decrease of 0.21% in December 2016. On the other hand, prices decreased 0.41% y-o-y.

Apartment sales prices registered a decrease in December 2016. Prices decreased 0.25% m-o-m and also decreased 0.90% y-o-y.

Villa sales prices registered a decrease in December 2016. Prices decreased 0.04% m-o-m but increased 1.60% y-o-y.

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Dubai Residential Property Price Indices: Rental Price Indices

The Dubai Residential Property Rental Price Index for all residential decreased by 0.04 points, from 95.80 to 95.76, which represents a decrease of 0.04% in December 2016. On the other hand, prices decreased 5.08% y-o-y.

Apartment rental prices registered a decrease in December 2016. Prices decreased 0.02% m-o-m and also decreased 4.57%

Villa rental prices registered a decrease in December 2016. Prices decreased 0.15% m-o-m and also decreased 7.79% y-o-y.

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Abu Dhabi Residential Property Price Indices: Sales Price Indices

The Abu Dhabi Residential Property Sales Price Index for all residential decreased by 0.8 points, from 81.6 to 80.8, which represents a decrease of 0.97% in December 2016. On the other hand, prices decreased 3.28% y-o-y.

Apartment sales prices registered a decrease in December 2016. Prices decreased 1.05% m-o-m and also decreased 2.63% y-o-y.

Villa sales prices registered a decrease in December 2016. Prices decreased 0.74% m-o-m and also decreased 4.99% y-o-y.

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Abu Dhabi Residential Property Price Indices: Rental Price Indices

The Abu Dhabi Residential Property Rental Price Index for all residential decreased by 0.8 points, from 63.5 to 62.8, which represents a decrease of 0.99% in December 2016. On the other hand, prices decreased 2.48% y-o-y.

Apartment rental prices registered a decrease in December 2016. Prices decreased 0.98% m-o-m and also decreased 3.03% y-o-y.

Villa rental prices registered a decrease in December 2016. Prices decreased 1.01% m-o-m but increased 0.13% y-o-y.

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