Dubai / Abu Dhabi Property Price Indices: November 2018
REIDIN, 25 November 2018
DATA PERIOD: NOVEMBER 2018
Dubai Residential Property Price Indices: Sales Price Indices
The Dubai Residential Property Sales Price Index for all residential decreased by 2.3 points, from 232.1 to 229.8, which represents a decrease of 1.02% in November 2018. Prices also decreased 8.27% y-o-y.
Apartment sales prices registered a decrease in November 2018. Prices decreased 1.06% m-o-m and also decreased 7.91% y-o-y.
Villa sales prices registered a decrease in November 2018. Prices decreased 0.76% m-o-m and also decreased 9.39% y-o-y.
Dubai Residential Property Price Indices: Rental Price Indices
The Dubai Residential Property Rental Price Index for all residential decreased by 1.0 points, from 81.3 to 80.3, which represents a decrease of 1.03% in November 2018. Prices also decreased 10.05% y-o-y.
Apartment rent prices registered a decrease in November 2018. Prices decreased 1.14% m-o-m and also decreased 10.39% y-o-y.
Villa rent prices registered a decrease in November 2018. Prices decreased 0.30% m-o-m and also decreased 7.32% 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 0.7 points, from 86.9 to 86.2, which represents a decrease of 0.84% in November 2018. On the other hand, prices decreased 6.39% y-o-y.
Apartment sales prices registered a decrease in November 2018. Prices decreased 0.69% m-o-m and also decreased 7.02% y-o-y.
Villa sales prices registered a decrease in November 2018. Prices decreased 1.32% m-o-m and also decreased 4.36% 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 0.4 points, from 81.0 to 80.6, which represents a decrease of 0.51% in November 2018. Prices also decreased 10.49% y-o-y.
Apartment rent prices registered a decrease in November 2018. Prices decreased 0.42% m-o-m and also decreased 10.78% y-o-y.
Villa rent prices registered a decrease in November 2018. Prices decreased 0.76% m-o-m and also decreased 9.52% y-o-y.
New Cities Residential Property Price Indices: Sales Price Indices
Ajman apartment sales prices registered an increase in November 2018. Prices increased 1.87% m-o-m but decreased 10.55% y-o-y.
Ras Al Khaimah apartment sales prices registered a decrease in November 2018. Prices decreased 1.47% and also decreased 4.72% y-o-y.
Sharjah apartment sales prices registered a decrease in November 2018. Prices decreased 2.24% m-o-m but increased 0.08% y-o-y.
New Cities Residential Property Price Indices: Rental Price Indices
Ajman apartment rent prices registered a decrease in November 2018. Prices decreased 2.61% m-o-m and also decreased 13.46% y-o-y.
Ras Al Khaimah apartment rent prices registered a decrease in November 2018. Prices decreased 0.65% m-o-m and also decreased 9.00% y-o-y.
Sharjah apartment rent prices registered a decrease in November 2018. Prices decreased 2.33% m-o-m and also decreased 10.25% y-o-y.
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