30 December 2015

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

December, 2015

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential increased by 2.6 points, from 258.7 to 261.3, which represents an increase of 1.03% in November 2015. On the other hand, prices decreased 11.5% y-o-y.

Apartment sales prices registered an increase in November 2015. Prices increased 1.60% m-o-m but decreased 11.6% y-o-y.

Villa sales prices registered a decrease in November 2015. Prices decreased 1.27% m-o-m and also decreased 11.1% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

Residential property prices in Dubai rental market increased by 0.2 points, from 101.7 to 101.9, which represents an increase of 0.26% in November 2015. On the other hand, rental prices decreased 2.3% y-o-y.

Apartment rental prices registered an increase in November 2015. Prices increased 0.47% m-o-m but decreased 1.9% y-o-y.

Villa rental prices registered a decrease in November 2015. Prices decreased 0.88% m-o-m and also decreased 4.0% y-o-y.

Abu Dhabi Residential Property Price Indices: Sales Price Indices

The Abu Dhabi Residential Property Price Index for all residential increased by 0.7 points, from 82.5 to 83.2, which represents an increase of 0.85% in November 2015. On the other hand, prices decreased 2.1% y-o-y.

Apartment sales prices registered an increase in November 2015. Prices increased 1.03% m-o-m but decreased 3.9% y-o-y.

Villa sales prices registered an increase in November 2015. Prices increased 0.53% m-o-m and also increased 0.2% 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 65.8 to 65.3, which represents a decrease of 0.64% in November 2015. On the other hand, prices decreased 3.5% y-o-y.

Apartment rental prices registered a decrease in November 2015. Prices decreased 1.32% m-o-m and also decreased 2.7% y-o-y.

Villa rental prices registered an increase in November 2015. Prices increased 0.21% m-o-m but decreased 3.4% y-o-y.

To read the full report click here: http://blog.reidin.com/PublicReports/UAE151231.pdf