29 November 2015

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

November, 2015

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential decreased by 6.4 points, from 265.1 to 258.7, which represents a decrease of 2.41% in October 2015. On the other hand, prices decreased 13.1% y-o-y.

Apartment sales prices registered a decrease in October 2015. Prices decreased 2.37% m-o-m and also decreased 13.5% y-o-y.

Villa sales prices registered a decreased in October 2015. Prices decreased 2.63% m-o-m and also decreased 11.3% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

Residential property prices in Dubai rental market decreased by 0.3 points, from 102.0 to 101.7, which represents a decrease of 0.28% in October 2015. On the other hand, rental prices decreased 3.2% y-o-y.

Apartment rental prices show a decrease on a m-o-m basis in October 2015. Prices decreased 0.30% m-o-m and also decreased 3.1% y-o-y.

Villa rental prices registered a decrease on a m-o-m basis in October 2015. Prices decreased 0.22% m-o-m and also decreased 3.5% y-o-y.



Abu Dhabi Residential Property Price Indices: Sales Price Indices

The Abu Dhabi Residential Property Price Index for all residential increased by 0.3 points, from 82.2 to 82.5, which represents an increase of 0.35% in October 2015. On the other hand, prices decreased 2.0% y-o-y.

Apartment sales prices registered a decrease in October 2015. Prices decreased 0.42% m-o-m and also decreased 4.7% y-o-y.

Villa sales prices registered an increase in October 2015. Prices increased 1.51% m-o-m and also increased 1.2% y-o-y.

Abu Dhabi Residential Property Price Indices: Rental Price Indices

Residential property prices in Abu Dhabi rental market decreased by 0.05 points, from 65.80 to 65.75, which represents a decrease of 0.08% in October 2015. On the other hand, prices decreased 2.0% y-o-y.

Apartment rental prices registered a decrease in October 2015. Prices decreased 0.29% m-o-m and also decreased 2.7% y-o-y.

Villa rental prices registered an increase in October 2015. Prices increased 0.42% m-o-m but decreased 0.7% y-o-y.

To read the full report click here: http://blog.reidin.com/PublicReports/UAE151130.pdf