31 August 2014

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

August, 2014

Dubai Residential Property Price Indices: Sales Price Indices
Residential property prices in Dubai housing market performed still well in July 2014. The Dubai Residential Property Sales Price Index for all residential increased by 1.5 points, from 295.0 to 296.5, which represents an increase of 0.52% in July 2014. On the other hand, prices increased 34.5% y-o-y.

Apartment sales prices registered an increase in July 2014. Prices increased 0.21% m-o-m and 37.7% y-o-y.

Villa sales prices registered an increase on a m-o-m basis in July 2014. Prices increased 1.81% m-o-m and 22.9% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices
Residential property prices in Dubai rental market increased by 0.8 points, from 101.9 to 102.7, which represents an increase of 0.76% in July 2014. On the other hand, rental prices increase 22.4% y-o-y.

Apartment rental prices show an increase on a m-o-m basis in July 2014. Prices increased 0.88% m-o-m and 25.1% y-o-y.

Villa rental prices registered an increase in July 2014. Prices increased 0.16% m-o-m and 10.0% y-o-y.


Abu Dhabi Residential Property Price Indices: Sales Price Indices
The Abu Dhabi Residential Property Price Index for all residential increased by 0.05 points, from 84.16 to 84,21, which represents an increase of 0.06% in July 2014. On the other hand, prices increased 17.8% y-o-y.

Apartment sales prices registered a decrease in July 2014. Prices decreased 0.87% m-o-m but increased 16.9% y-o-y.

Villa sales prices registered an increase in July 2014. Prices increased 0.95% m-o-m and 14.7% y-o-y.

Abu Dhabi Residential Property Price Indices: Rental Price Indices
Residential property prices in Abu Dhabi rental market increased by 0.4 points, from 65.0 to 65.4, which represents an increase of 0.70% in July 2014. On the other hand, prices increased 5.6% y-o-y.

Apartment rental prices increased 0.32% in July 2014 compared to June 2014 and increased 2.6% compared to July 2013.

Villa rental prices increased 1.04% in July 2014 compared to June 2014 and increased 6.9% compared to July 2013.


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