Dubai & Abu Dhabi Real Estate Market Overview Q2 2024

GENERAL OVERVIEW REIDIN Real Estate Confidence Index for 2024 Q3 has been measured as 87.1 (Moderately Negative) more than 1.3% of last quarter. REIDIN Real Estate Price Sentiment Index for 2024 Q3 has been measured as 126.1 (Moderately Positive) more...

– Citywide ComparisonPalm Jumeirah and Palm Jebel Ali have occupied a significant portion of the luxury villa sales market since January 2021, and as such can be used to gauge the overall health of the citywide luxury villa market. Between...

TURKEY RESIDENTIAL SALES AND RENT PRICE CHANGES In June 2024, Turkey Residential Sales Prices increased by 1.73% in nominal terms and 0.08% in real terms compared to the previous month and also increased by 51.59% in nominal terms and decreased...

RESIDENTIAL SALES AND RENT PRICE INDICES Abu Dhabi Residential Property Sales Price Index increased by 1.35 points, from 86.74 to 88.09, which represents an increase of 1.55% in June 2024. Prices also increased 8.58% y-o-y. Dubai Residential Property Sales Price...

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...