30 November 2016

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

DATA PERIOD: OCTOBER 2016

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential increased by 0.1 points, from 260.4 to 260.5, which represents an increase of 0.04% in October 2016. On the other hand, prices increased 0.7% y-o-y.

Apartment sales prices registered an increase in October 2016. Prices increased 0.07% m-o-m and also increased 0.8% y-o-y.

Villa sales prices registered a decrease in October 2016. Prices decreased 0.06% m-o-m but increased 0.3% y-o-y.

uae161130_1

Dubai Residential Property Price Indices: Rental Price Indices

Residential property prices in Dubai rental market decreased by 0.8 points, from 97.3 to 96.5, which represents a decrease of 0.79% in October 2016. On the other hand, prices decreased 5.1% y-o-y.

Apartment rental prices registered a decrease in October 2016. Prices decreased 0.75% m-o-m and also decreased 4.6% y-o-y.

Villa rental prices registered a decrease in October 2016. Prices decreased 1.08% m-o-m and also decreased 7.6% y-o-y.

uae161130_2

uae161130_3

Abu Dhabi Residential Property Price Indices: Sales Price Indices

The Abu Dhabi Residential Property Price Index for all residential decreased by 0.3 points, from 82.1 to 81.8, which represents a decrease of 0.39% in October 2016. On the other hand, prices decreased 0.9% y-o-y.

Apartment sales prices registered a decrease in October 2016. Prices decreased 0.45% m-o-m and also decreased 0.4% y-o-y.

Villa sales prices registered a decrease in October 2016. Prices decreased 0.26% m-o-m and also decreased 2.1% y-o-y.

uae161130_4

Abu Dhabi Residential Property Price Indices: Rental Price Indices

Residential property prices in Abu Dhabi rental market decreased by 0.5 points, from 64.7 to 64.2, which represents a decrease of 0.74% in October 2016. On the other hand, prices decreased 2.3% y-o-y.

Apartment rental prices registered a decrease in October 2016. Prices decreased 0.84% m-o-m and also decreased 3.3% y-o-y.

Villa rental prices registered a decrease in October 2016. Prices decreased 0.44% m-o-m but increased 0.3% y-o-y.

uae161130_5

uae161130_6

To read the full report click here