29 June 2015

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

June, 2015


Dubai Residential Property Price Indices: Sales Price Indices
The Dubai Residential Property Sales Price Index for all residential decreased by 3.6 points, from 278.4 to 274.8, which represents a decrease of 1.29% in May 2015. On the other hand, prices decreased 5.7% y-o-y.
Apartment sales prices registered a decrease in May 2015. Prices decreased 1.19% m-o-m and also decreased 6.8% y-o-y.
Villa sales prices registered a decreased in May 2015. Prices decreased 1.72% m-o-m and also decreased 0.8% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

Residential property prices in Dubai rental market decreased by 0.4 points, from 103.1 to 102.7, which represents a decrease of 0.37% in May 2015. On the other hand, rental prices increased 1.0% y-o-y.
Apartment rental prices show a decrease on a m-o-m basis in May 2015. Prices decreased 0.44% m-o-m but increased 1.2% y-o-y.
Villa rental prices registered a decrease on a m-o-m basis in May 2015. Prices decreased 0.44% m-o-m but unchanged y-o-y.

Abu Dhabi Residential Property Price Indices: Sales Price Indices
The Abu Dhabi Residential Property Price Index for all residential decreased by 0.2 points, from 82.0 to 81.8, which represents a decrease of 0.27% in May 2015. On the other hand, prices decreased 2.3% y-o-y.
Apartment sales prices registered a decrease in May 2015. Prices decreased 0.52% m-o-m and decreased 4.5% y-o-y.
Villa sales prices registered an increase in May 2015. Prices increased 0.08% m-o-m but decreased 1.2% y-o-y.

Abu Dhabi Residential Property Price Indices: Rental Price Indices

Residential property prices in Abu Dhabi rental market increased by 0.3 points, from 67.0 to 67.3, which represents an increase of 0.37% in May 2015. On the other hand, prices increased 5.1% y-o-y.
Apartment rental prices registered an increase in May 2015. Prices increased 0.18% m-o-m and increased 2.8% y-o-y.
Villa rental prices registered an increase in May 2015. Prices increased 0.68% m-o-m and increased 7.5% y-o-y.

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