27 August 2015

Dubai/Abu Dhabi Residential Property Price Indices: July 2015 Results

August, 2015

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential decreased by 4.0 points, from 271.4 to 267.4, which represents a decrease of 1.47% in July 2015. On the other hand, prices decreased 9.8% y-o-y.

Apartment sales prices registered a decrease in July 2015. Prices decreased 1.63% m-o-m and also decreased 10.5% y-o-y.

Villa sales prices registered a decreased in July 2015. Prices decreased 0.96% m-o-m and also decreased 7.1% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

Residential property prices in Dubai rental market decreased by 0.7 points, from 102.2 to 101.5, which represents a decrease of 0.68% in July 2015. On the other hand, rental prices decreased 1.2% y-o-y.

Apartment rental prices show a decrease on a m-o-m basis in July 2015. Prices decreased 0.70% m-o-m and also decreased 0.9% y-o-y.

Villa rental prices registered a decrease on a m-o-m basis in July 2015. Prices decreased 0.50% m-o-m and also decreased 2.3% y-o-y.



Abu Dhabi Residential Property Price Indices: Sales Price Indices

The Abu Dhabi Residential Property Price Index for all residential increased by 0.5 points, from 82.0 to 82.5, which represents an increase of 0.61% in July 2015. On the other hand, prices decreased 2.0% y-o-y.

Apartment sales prices registered an increase in July 2015. Prices increased 0.46% m-o-m but decreased 3.7% y-o-y.

Villa sales prices registered an increase in July 2015. Prices increased 0.85% m-o-m but decreased 1.1% y-o-y.

Abu Dhabi Residential Property Price Indices: Rental Price Indices

Residential property prices in Abu Dhabi rental market decreased by 0.5 points, from 66.6 to 66.1, which represents a decrease of 0.75% in July 2015. On the other hand, prices increased 1.1% y-o-y.

Apartment rental prices registered a decrease in July 2015. Prices decreased 1.19% m-o-m and also decreased 0.6% y-o-y.

Villa rental prices registered a decrease in July 2015. Prices decreased 0.44% m-o-m but increased 2.7% y-o-y.




To read the full report click here: http://blog.reidin.com/PublicReports/EN150828.pdf