Dynamics of prices for residential real estate market

Dynamics of prices for residential real estate market

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  • Dynamics of prices for residential real estate market in Dubai and Abu Dhabi in March 2022

Dynamics of prices for residential real estate market in Dubai and Abu Dhabi in March 2022

According to the REIDIN Residential Property Price Indices (RPPIs) Dubai Sale

  • Compared to February 2022, property sales price index increased by 0.65 points, from 85.96 to 85.61. An increase of 0.75%.
  • Compared to March 2021, prices increased by 11.31%.

Rent

  • Compared to February 2022, property rent price index increased by 1.94 points, from 76.99 to 78.93. An increase of 2.52%.
  • Compared to March 2021, prices increased by 13.11%.

Abu Dhabi Sale

  • Compared to February 2022, property sales price index increased by 0.24 points, from 78.65 to 78.89. An increase of 0.30%.
  • Compared to March 2021, prices increased by 1.53%.

Rent

  • Compared to February 2022, property rent price index decreased by 0.19 points, from 71.20 to 71.01. Decreased by 0.27%.
  • Compared to March 2021, prices increased by 0.61%.

Source: REIDIN Data Analytics

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