UAE Residential Property Price Indices: May 2019

UAE Residential Property Price Indices: May 2019

REIDIN, 20 June, 2019

DATA PERIOD: MAY 2019

Dubai Residential Property Price Indices: Sales Price Indices

The Dubai Residential Property Sales Price Index for all residential decreased by 1.5 points, from 222.4 to 221.0, which represents a decrease of 0.67% in May 2019. Prices also decreased 9.46% y-o-y.

Dubai Residential Property Price Indices: Rental Price Indices

The Dubai Residential Property Rental Price Index for all residential decreased by 0.3 points, from 78.0 to 77.7, which represents a decrease of 0.39% in May 2019. Prices also decreased 10.17% 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 83.6 to 83.1, which represents a decrease of 0.56% in May 2019. Prices also decreased 7.79% 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 0.2 points, from 77.9 to 77.7, which represents a decrease of 0.26% in May 2019. Prices also decreased 8.75% y-o-y.

Ajman, RAK, Sharjah Residential Property Sales Price Indices

Ajman apartment sales prices registered an increase in May 2019. Prices increased 2.01% m-o-m but decreased 1.50% y-o-y.

Ras Al Khaimah apartment sales prices registered a decrease in May 2019. Prices decreased 2.17% and also decreased 15.67% y-o-y.

Sharjah apartment sales prices registered an increase in May 2019. Prices increased 2.08% m-o-m but decreased 4.02% y-o-y.

Ajman, RAK, Sharjah Residential Property Rental Price Indices

Ajman apartment rent prices registered a decrease in May 2019. Prices decreased 2.41% m-o-m and also decreased 16.43% y-o-y.

Ras Al Khaimah apartment rent prices registered a decrease in May 2019. Prices decreased 2.73% m-o-m and also decreased 10.49% y-o-y.

Sharjah apartment rent prices registered a decrease in May 2019. Prices decreased 2.49% m-o-m and also decreased 9.60% y-o-y.

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