31 October 2016

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

DATA PERIOD: SEPTEMBER 2016

Dubai Residential Property Price Indices: Sales Price Indices
The Dubai Residential Property Sales Price Index for all residential decreased by 0.1 points, from 260.5 to 260.4, which represents a decrease of 0.06% in September 2016. On the other hand, prices decreased 1.8% y-o-y.

Apartment sales prices registered a decrease in September 2016. Prices decreased 0.09% m-o-m and also decreased 1.6% y-o-y.

Villa sales prices registered an increase in September 2016. Prices increased 0.07% m-o-m but decreased 2.3% y-o-y.

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Dubai Residential Property Price Indices: Rental Price Indices

Residential property prices in Dubai rental market decreased by 0.9 points, from 98.2 to 97.3, which represents a decrease of 0.97% in September 2016. On the other hand, prices decreased 4.6% y-o-y.

Apartment rental prices registered a decrease in September 2016. Prices decreased 0.95% m-o-m and also decreased 4.2% y-o-y.

Villa rental prices registered a decrease in September 2016. Prices decreased 1.04% m-o-m and also decreased 6.8% 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 0.5 points, from 82.6 to 82.1, which represents a decrease of 0.64% in September 2016. On the other hand, prices decreased 0.1% y-o-y.

Apartment sales prices registered a decrease in September 2016. Prices decreased 0.56% m-o-m and also decreased 0.4% y-o-y.

Villa sales prices registered a decrease in September 2016. Prices decreased 0.88% m-o-m and also decreased 0.3% 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 0.3 points, from 65.5 to 65.2, which represents a decrease of 0.50% in August 2016. On the other hand, prices decreased 1.2% y-o-y.

Apartment rental prices registered a decrease in August 2016. Prices decreased 0.58% m-o-m and also decreased 2.3% y-o-y.

Villa rental prices registered a decrease in August 2016. Prices decreased 0.19% m-o-m but increased 1.5% y-o-y.

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