29 October 2013

Dubai/Abu Dhabi Residential Property Price Indices: September 2013 Results

October, 2013

Dubai Residential Property Price Indices: Sales Price Indices
Residential property prices in Dubai housing market performed well in September 2013. The Dubai Residential Property Sales Index for all residential increased by 7.2 points, from 225.2 to 232.4, which represents an increase of 3.17% mom. On the other hand, prices increased 19.8% yoy.

Apartment sales prices registered an increase in September 2013. Prices increased 3.16% mom and 21.7% yoy.

Villa sales prices registered an increase on a mom basis in September 2013. Prices increased 3.22% mom and 13.4% yoy.

Dubai Residential Property Price Indices: Rental Price Indices
Residential property prices in Dubai rental market increased by 1.90 points, from 85.30 to 87.20, which represents an increase of 2.19% mom in September 2013. On the other hand, rental prices increase 15.7% yoy.

Apartment rental prices show an increase on a mom basis in September 2013. Prices increased 2.34% mom and 16.2% yoy.

Villa rental prices registered an increase in September 2013. Prices increased 1.45% mom and 13.5% yoy.


Abu Dhabi Residential Property Price Indices: Sales Price Indices

The Abu Dhabi Residential Property Price Index for all residential increased by 1.00 points, from 72.60 to 73.60, which represents an increase of 1.33% mom in September 2013. On the other hand, prices increased 16.20% yoy.

Apartment sales prices registered an increase in September 2013. Prices increased 1.66% mom and 18.3% yoy.

Villa sales prices registered a decrease in September 2013. Prices decreased 0.25% mom but increased 12.70% yoy.

Abu Dhabi Residential Property Price Indices: Rental Price Indices
Residential property prices in Abu Dhabi rental market increased by 0.20 points, from 62.00 to 62.20, which represents an increase of  0.27% mom in September 2013. On the other hand, prices increased  2.30% yoy.

Apartment rental prices increased 0.97% in September 2013 compared to August 2013 and increased 6.20% compared to September 2012.

Villa rental prices increased 0.12% in September 2013 compared to August 2013 and also increased 2.90% compared to September 2012.

Read the full report here