Dubai / Abu Dhabi Property Price Indices: May 2018

Dubai / Abu Dhabi Property Price Indices: May 2018

REIDIN, 20 June 2018

DATA PERIOD: MAY 2018

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential decreased by 1.1 points, from 245.2 to 244.1, which represents a decrease of 0.47% in May 2018. Prices also decreased 5.77% y-o-y.

Apartment sales prices registered a decrease in May 2018. Prices decreased 0.42% m-o-m and also decreased 5.53% y-o-y.

Villa sales prices registered a decrease in May 2018. Prices decreased 0.84% m-o-m and also decreased 6.78% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

The Dubai Residential Property Rental Price Index for all residential decreased by 0.9 points, from 87.4 to 86.5, which represents a decrease of 1.02% in May 2018. Prices also decreased 8.43% y-o-y.

Apartment rent prices registered a decrease in May 2018. Prices decreased 1.05% m-o-m and also decreased 7.93% y-o-y.

Villa rent prices registered a decrease in May 2018. Prices decreased 0.74% m-o-m and also decreased 11.18% y-o-y.

Abu Dhabi Residential Property Price Indices: Sales Price Indices

The Abu Dhabi Residential Property Sales Price Index for all residential decreased by 0.4 points, from 90.5 to 90.1, which represents a decrease of 0.36% in May 2018. On the other hand, prices decreased 7.30% y-o-y.

Apartment sales prices registered a decrease in May 2018. Prices decreased 0.57% m-o-m and also decreased 8.37% y-o-y.

Villa sales prices registered an increase in May 2018. Prices increased 0.32% m-o-m but decreased 3.86% y-o-y.

Abu Dhabi Residential Property Price Indices: Rental Price Indices

The Abu Dhabi Residential Property Rental Price Index for all residential decreased by 1.0 points, from 86.1 to 85.1, which represents a decrease of 1.18% in May 2018. Prices also decreased 10.88% y-o-y.

Apartment rent prices registered a decrease in May 2018. Prices decreased 1.55% m-o-m and also decreased 11.85% y-o-y.

Villa rent prices registered an increase in May 2018. Prices increased 0.02% m-o-m but decreased 7.24% y-o-y.

New Cities Residential Property Price Indices: Sales Price Indices

Ajman apartment sales prices registered a decrease in May 2018. Prices decreased 1.93% m-o-m and also decreased 2.01% y-o-y.

Ras Al Khaimah apartment sales prices registered a decrease in May 2018. Prices decreased 0.27% m-o-m and also decreased 2.17% y-o-y.

Sharjah apartment sales prices registered an increase in May 2018. Prices increased 1.28% m-o-m and also increased 3.87% y-o-y.

New Cities Residential Property Price Indices: Rental Price Indices

Ajman apartment rent prices registered a decrease in May 2018. Prices decreased 1.84% m-o-m and also decreased 7.06% y-o-y.

Ras Al Khaimah apartment rent prices registered a decrease in May 2018. Prices decreased 2.06% m-o-m and also decreased 10.47% y-o-y.

Sharjah apartment rent prices registered a decrease in May 2018. Prices decreased 2.04% m-o-m and also decreased 6.46% y-o-y.

For the full report download here.

×

Hello!

Click one of our contacts below to chat on WhatsApp

× How can we help you?