29 April 2015

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

April, 2015

Dubai Residential Property Price Indices: Sales Price Indices
The Dubai Residential Property Sales Price Index for all residential decreased by 4.1 points, from 285.5 to 281.4, which represents a decrease of 1.44% in March 2015. On the other hand, prices increased 1.5% y-o-y.

Apartment sales prices registered a decrease in March 2015. Prices decreased 1.74% m-o-m but increased 0.8% y-o-y.

Villa sales prices registered an increased in March 2015. Prices decreased 0.24% m-o-m but increased 4.5% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices
Residential property prices in Dubai rental market increased by 0.3 points, from 104.1 to 103.8, which represents a decrease of 0.29% in March 2015. On the other hand, rental prices increased 5.4% y-o-y.

Apartment rental prices show a decrease on a m-o-m basis in March 2015. Prices decreased 0.20% m-o-m but increased 6.3% y-o-y.

Villa rental prices registered a decrease on a m-o-m basis in March 2015. Prices decreased 0.25% m-o-m but increased 1.0% y-o-y.

Abu Dhabi Residential Property Price Indices: Sales Price Indices
The Abu Dhabi Residential Property Price Index for all residential decreased by 0.4 points, from 83.3 to 82.9, which represents a decrease of 0.48% in March 2015. On the other hand, prices increased 0.4% y-o-y.

Apartment sales prices registered a decrease in March 2015. Prices decreased 0.60% m-o-m and decreased 1.8% y-o-y.

Villa sales prices registered a decrease in March 2015. Prices decreased 0.47% m-o-m but increased 0.9% 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 66.3 to 65.8, which represents a decrease of 0.75% in March 2015. On the other hand, prices increased 2.0% y-o-y.

Apartment rental prices registered a decrease in March 2015. Prices decreased 0.45% m-o-m and decreased 2.6% y-o-y.

Villa rental prices registered a decrease in March 2015. Prices decreased 1.04% m-o-m but increased 4.7% y-o-y.


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