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Residential Real Estate Market Price Dynamics
– In Dubai and Abu Dhabi for February 2024
According to the REIDIN Residential Property Price Indices
Dubai
– Sale
Compared to January 2024, property sales price index increased by 2.54 points, from 112.86 to 115.38, an increase of 2.24%
Compared to February 2023, prices increased by 20.34%
– Rent
Compared to January 2024, property rent price index increased by 3.08 points, from 115.28 to 118.36, an increase of 2.68%
Compared to February 2023, prices increased by 20.38%
Abu Dhabi
– Sale
Compared to January 2024, property sales price index increased by 0.40 points, from 84.95 to 85.35, an increase of 0.47%
Compared to February 2023, prices increased by 6.90%
– Rent
Compared to January 2024, property rent price index increased by 0.06 points, from 74.82 to 74.88, an increase of 0.09%
Compared to February 2023, prices increased by 7.14%
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