31 August 2016

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

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DATA PERIOD: JULY 2016

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential decreased by 0.8 points, from 261.0 to 260.2, which represents a decrease of 0.31% in July 2016. On the other hand, prices decreased 2.7% y-o-y.

Apartment sales prices registered a decrease in July 2016. Prices decreased 0.24% m-o-m and also decreased 2.4% y-o-y.

Villa sales prices registered a decrease in July 2016. Prices decreased 0.59% m-o-m and also decreased 3.8% y-o-y.

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Dubai Residential Property Price Indices: Rental Price Indices

Residential property prices in Dubai rental market decreased by 0.6 points, from 98.5 to 97.9, which represents a decrease of 0.62% in July 2016. On the other hand, prices decreased 3.5% y-o-y.

Apartment rental prices registered a decrease in July 2016. Prices decreased 0.62% m-o-m and also decreased 3.1% y-o-y.

Villa rental prices registered a decrease in July 2016. Prices decreased 0.58% m-o-m and also decreased 5.9% y-o-y.

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Abu Dhabi Residential Property Price Indices: Sales Price Indices

The Abu Dhabi Residential Property Price Index for all residential decreased by 0.3 points, from 82.9 to 82.6, which represents a decrease of 0.31% in July 2016. On the other hand, prices increased 0.1% y-o-y.

Apartment sales prices registered a decrease in July 2016. Prices decreased 0.31% m-o-m and also decreased 1.2% y-o-y.

Villa sales prices registered a decrease in July 2016. Prices decreased 0.32% m-o-m but increased 1.1% y-o-y.

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Abu Dhabi Residential Property Price Indices: Rental Price Indices

Residential property prices in Abu Dhabi rental market decreased by 0.4 points, from 65.9 to 65.5, which represents a decrease of 0.61% in July 2016. On the other hand, prices decreased 0.9% y-o-y.

Apartment rental prices registered a decrease in July 2016. Prices decreased 0.76% m-o-m and also decreased 2.0% y-o-y.

Villa rental prices registered a decrease in July 2016. Prices decreased 0.15% m-o-m but increased 1.7% y-o-y.

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