29 December 2016

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

DATA PERIOD: NOVEMBER 2016

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential decreased by 0.02 points, from 260.48 to 260.46, which represents a decrease of 0.01% in November 2016. On the other hand, prices decreased 0.3% y-o-y.

Apartment sales prices remained constant in November 2016 but decreased %0.8 y-o-y.

Villa sales prices registered a decrease in November 2016. Prices decreased 0.02% m-o-m but increased 1.5% y-o-y.

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Dubai Residential Property Price Indices: Rental Price Indices

Residential property prices in Dubai rental market decreased by 0.7 points, from 96.5 to 95.8, which represents a decrease of 0.70% in November 2016. On the other hand, prices decreased 6.0% y-o-y.

Apartment rental prices registered a decrease in November 2016. Prices decreased 0.54% m-o-m and also decreased 5.6% y-o-y.

Villa rental prices registered a decrease in November 2016. Prices decreased 1.57% m-o-m and also decreased 8.2% 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 0.2 points, from 81.8 to 81.6, which represents a decrease of 0.22% in November 2016. On the other hand, prices decreased 1.9% y-o-y.

Apartment sales prices registered an increase in November 2016. Prices increased 0.05% m-o-m but decreased 1.4% y-o-y.

Villa sales prices registered a decrease in November 2016. Prices decreased 1.04% m-o-m and also decreased 3.6% 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 0.7 points, from 64.2 to, which represents a decrease of 1.15% in November 2016. On the other hand, prices decreased 2.8% y-o-y.

Apartment rental prices registered a decrease in November 2016. Prices decreased 1.38% m-o-m and also decreased 3.4% y-o-y.

Villa rental prices registered a decrease in November 2016. Prices decreased 0.44% m-o-m and also decreased 0.3% y-o-y.

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