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- Residential Real Estate Market Price Dynamics for July 2023
Residential Real Estate Market Price Dynamics in Dubai and Abu Dhabi for July 2023
According to the REIDIN Residential Property Price Indices
Dubai
– Sale
- Compared to June 2023, property sales price index increased by 2.06 points, from 102.36 to 104.42, an increase of 2.01%.
- Compared to July 2022, prices increased by 18.14%.
– Rent
- Compared to June 2023, property rent price index increased by 1.09 points, from 103.38 to 104.47, an increase of 1.05%.
- Compared to July 2022, prices increased by 21.98%.
Abu Dhabi
– Sale
- Compared to June 2023, property sales price index increased by 0.95 points, from 81.13 to 82.08, an increase of 1.16%.
- Compared to July 2022, prices increased by 3.2%.
– Rent
- Compared to June 2023, property rent price index decreased by 0.36 points, from 70.37 to 70.01, a decrease of 0.51%.
- Compared to July 2022, prices increased by 0.40%.
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