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Dubai / Abu Dhabi Property Price Indices: October 2017

Dubai / Abu Dhabi Property Price Indices: October 2017

REIDIN, 21 November, 2017

DATA PERIOD: OCTOBER 2017

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential decreased by 1.6 points, from 255.2 to 253.6, which represents a decrease of 0.65% in October 2017. Prices also decreased 2.65% y-o-y.

Apartment sales prices registered a decrease in October 2017. Prices decreased 0.68% m-o-m and also decreased 2.96% y-o-y.

Villa sales prices registered a decrease in October 2017. Prices decreased 0.51% m-o-m and also decreased 1.36% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

The Dubai Residential Property Rental Price Index for all residential decreased by 0.7 points, from 91.1 to 90.4, which represents a decrease of 0.74% in October 2017. Prices also decreased 6.27% y-o-y.

Apartment rental prices registered a decrease in October 2017. Prices decreased 0.69% m-o-m and also decreased 6.02% y-o-y.

Villa rental prices registered a decrease in October 2017. Prices decreased 0.96% m-o-m and also decreased 7.63% 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 0.5 points, from 93.0 to 92.5, which represents a decrease of 0.55% in October 2017. Prices also decreased 9.49% y-o-y.

Apartment sales prices registered a decrease in October 2017. Prices decreased 0.89% m-o-m and also decreased 9.89% y-o-y.

Villa sales prices registered an increased in October 2017. Prices increased 0.55% m-o-m but decreased 8.20% 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 0.8 points, from 92.0 to 91.2, which represents a decrease of 0.92% in October 2017. Prices decreased 10.88% y-o-y.

Apartment rental prices registered a decrease in October 2017. Prices decreased 0.84% m-o-m and also decreased 11.24% y-o-y.

Villa rental prices registered a decrease in October 2017. Prices decreased 1.20% m-o-m and also decreased 9.47% y-o-y.

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