Dynamics of prices in the real estate market

Residential Real Estate Market Price Dynamics

– In Dubai and Abu Dhabi for September 2023

According to the REIDIN Residential Property Price Indices

Dubai

– Sale

• Compared to August 2023, property sales price index increased by 1.17 points, from 106.24 to 107.41, an increase of 1.10%
• Compared to September 2022, prices increased by 19.59%

– Rent

• Compared to August 2023, property rent price index increased by 1.69 points, from 105.43 to 107.12, an increase of 1.60%
• Compared to September 2022, prices increased by 20.64%

Abu Dhabi

– Sale

• Compared to August 2023, property sales price index increased by 0.19 points, from 82.56 to 82.75, an increase of 0.23%
• Compared to September 2022, prices increased by 2.74%

– Rent

• Compared to August 2023, property rent price index increased by 1.07 points, from 69.98 to 71.05, an increase of 1.53%
• Compared to September 2022, prices increased by 1.32%