Residential Real Estate Market Price Dynamics

Residential Real Estate Market Price Dynamics

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  • Residential Real Estate Market Price Dynamics in Dubai and Abu Dhabi

Residential Real Estate Market Price Dynamics in Dubai and Abu Dhabi for June 2023

According to the REIDIN Residential Property Price Indices

Dubai

– Sale

  • Compared to June 2023, property sales price index increased by 1.19 points, from 101.17 to 102.36. An increase of 1.18%.
  • Compared to June 2022, prices increased by 16.91%.

– Rent

  • Compared to June 2023, property rent price index increased by 1.02 points, from 102.36 to 103.38. An increase of 1%.
  • Compared to June 2022, prices increased by 22.79%.

Abu Dhabi

– Sale

  • Compared to June 2023, property sales price index increased by 0.84 points, from 80.29 to 81.13. An increase of 1.05%.
  • Compared to June 2022, prices increased by 2.81%.

– Rent

  • Compared to June 2023, property rent price index decreased by 0.30 points, from 70.67 to 70.37. An decrease of 0.43%.
  • Compared to June 2022, prices increased by 0.41%.
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