21 August 2013

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

August, 2013

Dubai Residential Property Price Indices: Sales Price Indices
Residential property prices in Dubai housing market performed well in July 2013. The Dubai Residential Property Sales Index for all residential increased by 3.8 points, from 216.6 to 220.4, which represents an increase of 1.77% mom. On the other hand, prices increased 17.0% yoy.

Apartment sales prices registered an increase in July 2013. Prices increased 1.72% mom and 18.9% yoy.

Villa sales prices registered an increase on a mom basis in July 2013. Prices increased 1.95% mom and 10.5% yoy.

Dubai Residential Property Price Indices: Rental Price Indices
Residential property prices in Dubai rental market increased by 1.50 points, from 82.40 to 83.90, which represents an increase of 1.77% mom in July 2013. On the other hand, rental prices increase 14.4% yoy.

Apartment rental prices show an increase on a mom basis in July 2013. Prices increased 1.99% mom and 14.3% yoy.

Villa rental prices registered an increase in July 2013. Prices increased 0.80% mom and 14.4% yoy.


Abu Dhabi Residential Property Price Indices: Sales Price Indices
The Abu Dhabi Residential Property Price Index for all residential increased by 1.10 points, from 70.40 to 71.50, which represents an increase of 1.50% mom in July 2013. On the other hand, prices increased 11.8% yoy.

Apartment sales prices registered an increase in July 2013 . Prices increased 1.54% mom and 12.8% yoy.

Villa sales prices registered an increase in July 2013 . Prices increased 1.46% mom and 10.7% yoy.

Abu Dhabi Residential Property Price Indices: Rental Price Indices
Residential property prices in Abu Dhabi rental market increased by 0.50 points, from 61.50 to 62.00, which represents an increase of  0.75 mom in July 2013. On the other hand, prices increased  1.70% yoy.

Apartment rental prices increased 0.20% in July 2013 compared to June 2013 and also increased 5.9% compared to July 2012.

Villa rental prices increased 1.41% in July 2013 compared to June 2013 and also increased 1.4% compared to July 2012.


Read the full report here