29 October 2015

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

October, 2015

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential decreased by 0.3 points, from 265.4 to 265.1, which represents a decrease of 0.12% in September 2015. On the other hand, prices decreased 10.4% y-o-y.

Apartment sales prices registered a decrease in September 2015. Prices decreased 0.12% m-o-m and also decreased 10.9% y-o-y.

Villa sales prices registered a decreased in September 2015. Prices decreased 0.11% m-o-m and also decreased 8.3% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

Residential property prices in Dubai rental market decreased by 0.3 points, from 102.3 to 102.0, which represents an increase of 0.30% in September 2015. On the other hand, rental prices decreased 2.4% y-o-y.

Apartment rental prices show a decrease on a m-o-m basis in September 2015. Prices decreased 0.34% m-o-m and also decreased 2.4% y-o-y.

Villa rental prices registered a decrease on a m-o-m basis in August 2015. Prices decreased 0.09% m-o-m and also decreased 3.0% y-o-y.

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 82.4 to 82.2, which represents a decrease of 0.21% in September 2015. On the other hand, prices decreased 3.0% y-o-y.

Apartment sales prices registered a decrease in September 2015. Prices decreased 0.95% m-o-m and also decreased 4.3% y-o-y.

Villa sales prices registered an increase in September 2015. Prices increased 0.63% m-o-m but decreased 1.3% y-o-y.

Abu Dhabi Residential Property Price Indices: Rental Price Indices

Residential property prices in Abu Dhabi rental market decreased by 0.2 points, from 66.0 to 65.8, which represents a decrease of 0.23% in September 2015. On the other hand, prices decreased 1.1% y-o-y.

Apartment rental prices registered a decrease in September 2015. Prices decreased 0.42% m-o-m and also decreased 1.7% y-o-y.

Villa rental prices registered an increase in September 2015. Prices increased 0.07% m-o-m but decreased 0.1% y-o-y.

To read the full report click here: http://blog.reidin.com/PublicReports/UAE151030.pdf