30 March 2014

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

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March, 2014

Dubai Residential Property Price Indices: Sales Price Indices
Residential property prices in Dubai housing market performed still well in February 2014. The Dubai Residential Property Sales Price Index for ALL RESIDENTIAL increased by 9.6 points, from 258.2 to 267.8, which represents an increase of 3.70% m-o-m. On the other hand, prices increased 30.06% y-o-y.

Apartment sales prices registered an increase in February 2014. Prices increased 3.80% m-o-m and 32.96% y-o-y.

Villa sales prices registered an increase on a mom basis in February 2014. Prices increased 3.28% m-o-m and 19.56% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices
Residential property prices in Dubai rental market increased by 2.90 points, from 93.80 to 96.70, which represents an increase of 2.99% m-o-m in February 2014. On the other hand, rental prices increase 23.25% y-o-y.

Apartment rental prices show an increase on a mom basis in February 2014. Prices increased 3.27% m-o-m and 25.62% y-o-y.

Villa rental prices registered an increase in February 2014. Prices increased 1.64% m-o-m and 12.30% y-o-y.

Abu Dhabi Residential Property Price Indices: Sales Price Indices
The Abu Dhabi Residential Property Price Index for all residential increased by 2.50 points, from 79.70 to 82.20, which represents an increase of 3.18% m-o-m in February 2014. On the other hand, prices increased 23.37% y-o-y.

Apartment sales prices registered an increase in February 2014. Prices increased 4.02% m-o-m and 25.78% y-o-y.

Villa sales prices registered an increase in February 2014. Prices increased 1.39% m-o-m and 17.65% y-o-y.

Abu Dhabi Residential Property Price Indices: Rental Price Indices
Residential property prices in Abu Dhabi rental market increased by 1.50 points, from 63.40 to 64.90, which represents an increase of  2.33% m-o-m in February 2014. On the other hand, prices increased  5.44% y-o-y.

Apartment rental prices increased 0.71% in February 2014 compared to January 2014 and increased 6.69% compared to February 2013.

Villa rental prices increased 1.11% in February 2014 compared to January 2014 and increased 5.63% compared to February 2013.

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