29 December 2014

Dubai/Abu Dhabi Residential Property Price Indices: November 2014 Results

December, 2014

Dubai Residential Property Price Indices: Sales Price Indices
The Dubai Residential Property Sales Price Index for all residential decreased by 2.3 points, from 297.5 to 295.2, which represents a decrease of 0.76% in November 2014. On the other hand, prices increased 20.3% y-o-y.

Apartment sales prices registered a decrease in November 2014. Prices decreased 0.58% m-o-m but increased 22.6% y-o-y.

Villa sales prices registered a decrease in November 2014. Prices decreased 1.50% m-o-m but increased 11.8% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices
Residential property prices in Dubai rental market decreased by 0.7 points, from 105.0 to 104.3, which represents a decrease of 0.61% in November 2014. On the other hand, rental prices increase 15.5% y-o-y.

Apartment rental prices show a decrease on a m-o-m basis in November 2014. Prices decreased 0.66% m-o-m but increased 17.7% y-o-y.

Villa rental prices registered a decrease on a m-o-m basis in November 2014. Prices decreased 0.32% m-o-m but increased 5.1% y-o-y.

Abu Dhabi Residential Property Price Indices: Sales Price Indices
The Abu Dhabi Residential Property Price Index for all residential increased by 0.8 points, from 84.2 to 85.0, which represents an increase of 0.89% in November 2014. On the other hand, prices increased 11.1% y-o-y.

Apartment sales prices registered an increase in November 2014. Prices increased 0.24% m-o-m and increased 9.0% y-o-y.

Villa sales prices registered an increase in November 2014. Prices increased 1.54% m-o-m and increased 9.9% y-o-y.

Abu Dhabi Residential Property Price Indices: Rental Price Indices
Residential property prices in Abu Dhabi rental market increased by 0.6 points, from 67.1 to 67.7, which represents an increase of 0.81% in November 2014. On the other hand, prices increased 8.1% y-o-y.