Dubai / Abu Dhabi Property Price Indices: May 2017

Dubai / Abu Dhabi Property Price Indices: May 2017

REIDIN, 21 June 2017

DATA PERIOD: MAY 2017

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential increased by 0.6 points, from 258.4 to 259.0, which represents an increase of 0.25% in May 2017. On the other hand, prices decreased 0.43% y-o-y.

Apartment sales prices registered an increase in May 2017. Prices increased 0.18% m-o-m but decreased 0.35% y-o-y.

Villa sales prices registered an increase in May 2017. Prices increased 0.53% m-o-m but decreased 0.76% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

The Dubai Residential Property Rental Price Index for all residential decreased by 0.2 points, from 94.7 to 94.5, which represents a decrease of 0.21% in May 2017. On the other hand, prices decreased 4.57% y-o-y.

Apartment rental prices registered a decrease in May 2017. Prices decreased 0.30% m-o-m and also decreased 4.22% y-o-y.

Villa rental prices registered an increase in May 2017. Prices increased 0.32% m-o-m but decreased 6.50% y-o-y.

Abu Dhabi Residential Property Price Indices: Sales Price Indices

The Abu Dhabi Residential Property Sales Price Index for all residential increased by 0.4 points, from 96.8 to 97.2, which represents an increase of 0.41% in May 2017. On the other hand, prices decreased 5.93% y-o-y.

Apartment sales prices registered an increase in May 2017. Prices increased 0.40% m-o-m but decreased 5.86% y-o-y.

Villa sales prices registered an increase in May 2017. Prices increased 0.45% m-o-m but decreased 6.16% y-o-y.

Abu Dhabi Residential Property Price Indices: Rental Price Indices

The Abu Dhabi Residential Property Rental Price Index for all residential increased by 0.1 points, from 95.4 to 95.5, which represents an increase of 0.13% in May 2017. On the other hand, prices decreased 9.56% y-o-y.

Apartment rental prices registered an increase in May 2017. Prices increased 0.28% m-o-m but decreased 9.93% y-o-y.

Villa rental prices registered a decrease in May 2017. Prices decreased 0.50% m-o-m and also decreased 8.11% y-o-y.

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