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- Dynamics of prices for residential real estate market in Dubai and Abu Dhabi
Dynamics of prices for residential real estate market
– In Dubai and Abu Dhabi for March 2023 According to the REIDIN Residential Property Price Indices Dubai– Sale – Compared to February 2023, property sales price index increased by 1.76 points, from 95.89 to 97.65. An increase of 1.84%. – Compared to March 2022, prices increased by 12.75%. – Rent – Compared to February 2023, property rent price index increased by 1.36 points, from 98.32 to 99.68. An increase of 1.38%.
– Compared to March 2022, prices increased by 26.29%. Abu Dhabi– Sale – Compared to February 2023, property sales price index increased by 0.02 points, from 79.84 to 79.86. An increase of 0.02%. – Compared to March 2022, prices increased by 1.23%. – Rent – Compared to February 2023, property rent price index increased by 0.36 points, from 69.89 to 70.25. An increase of 0.51%. – Compared to March 2022, prices decreased by 1.07%.
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