REIDIN Residential Property Price Indices May 2024 Results

TURKEY RESIDENTIAL SALES AND RENT PRICE CHANGES In May 2024, Turkey Residential Sales Prices increased by 2.61% in nominal terms and decreased by 0.73% in real terms compared to the previous month and also increased by 57.32% in nominal terms...

– Marina 101 AnalysisMarina 101 is a 425 meter tall building that was launched in 2007. It was scheduled to be completed in 2014 and was to be the second tallest building in Dubai behind the Burj Khalifa, playing host...

RESIDENTIAL SALES AND RENT PRICE INDICES Abu Dhabi Residential Property Sales Price Index increased by 0.93 points, from 85.81 to 86.74, which represents an increase of 1.08% in May 2024. Prices also increased 8.04% y-o-y. Dubai Residential Property Sales Price...

– Citywide Ready vs Off Plan Since January 2012, off plan apartments have consistently sold at higher average prices per square foot than their ready counterparts. This trend is only exacerbated in the post-COVID era, as both investors and end-users...

TURKEY RESIDENTIAL SALES AND RENT PRICE CHANGES In April 2024, Turkey Residential Sales Prices increased by 2.72% in nominal terms and decreased by 0.45% in real terms compared to the previous month and also increased by 61.95% in nominal terms...

RESIDENTIAL SALES AND RENT PRICE INDICES Abu Dhabi Residential Property Sales Price Index decreased by 0.06 points, from 85.87 to 85.81, which represents a decrease of 0.07% in April 2024. Prices increased 7.12% y-o-y. Dubai Residential Property Sales Price Index...

– Citywide Listings vs TransactionsOn a citywide level, we are seeing the gap between listings and transactions begin to narrow as markets normalize. Based on the findings of two peer-reviewed academic papers, we can see that, post-COVID, the Dubai apartment...

GENERAL OVERVIEW REIDIN Real Estate Confidence Index for 2024 Q2 has been measured as 86.0 (Moderately Negative) more than 6.2% of last quarter. REIDIN Real Estate Price Sentiment Index for 2024 Q2 has been measured as 122.8 (Moderately Positive) more...

TURKEY RESIDENTIAL SALES AND RENT PRICE CHANGES According to the Residential Sales Prices in March 2024, there is 3.17% nominal increase when compared to the previous month and also 65.17% nominal increase when compared to March 2023. According to the...

RESIDENTIAL SALES AND RENT PRICE INDICES Abu Dhabi Residential Property Sales Price Index increased by 0.52 points, from 85.35 to 85.87, which represents an increase of 0.61% in March 2024. Prices also increased 7.53% y-o-y. Dubai Residential Property Sales Price...

– Citywide Ready vs Off PlanThe past four years have seen a reversal of trends in the residential sales market. While ready sales used to comprise a greater proportion of the market than their off plan counterparts, this is no...