28 February 2016

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

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February, 2016

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential increased by 0.2 points, from 261.0 to 261.2, which represents an increase of 0.09% in January 2016. On the other hand, prices decreased 9.6% y-o-y.

Apartment sales prices registered a decrease in January 2016. Prices decreased 0.19% m-o-m and also decreased 9.7% y-o-y.

Villa sales prices registered an increase in January 2016. Prices increased 1.23% m-o-m but decreased 8.9% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

Residential property prices in Dubai rental market decreased by 1.6 points, from 100.9 to 99.3, which represents a decrease of 1.57% in January 2016. On the other hand, rental prices decreased 5.3% y-o-y.

Apartment rental prices registered a decrease in January 2016. Prices decreased 1.67% m-o-m and also decreased 5.2% y-o-y.

Villa rental prices registered a decrease in January 2016. Prices decreased 0.98% m-o-m and also decreased 5.9% y-o-y.

Abu Dhabi Residential Property Price Indices: Sales Price Indices

The Abu Dhabi Residential Property Price Index for all residential increased by 0.6 points, from 83.5 to 84.1, which represents an increase of 0.62% in January 2016. On the other hand, prices increased 0.1% y-o-y.

Apartment sales prices registered an increase in January 2016. Prices increased 0.89% m-o-m but decreased 2.6% y-o-y.

Villa sales prices registered an increase in January 2016. Prices increased 0.13% m-o-m and also increased 3.1% y-o-y.

Abu Dhabi Residential Property Price Indices: Rental Price Indices

Residential property prices in Abu Dhabi rental market increased by 1.4 points, from 64.4 to 65.8, which represents an increase of 2.11% in January 2016. On the other hand, prices decreased 1.8% y-o-y.

Apartment rental prices registered an increase in January 2016. Prices increased 2.30% m-o-m but decreased 0.9% y-o-y.

Villa rental prices registered an increase in January 2016. Prices increased 1.86% m-o-m but decreased 1.6% y-o-y.



To read the full report click here: http://blog.reidin.com/PublicReports/UAE160229.pdf

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