Residential Real Estate Market Price Dynamics

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%.