United Arab Emirates Residential Property Price Report: August 2023, Results Edition: 177

RESIDENTIAL SALES AND RENT PRICE INDICES • Abu Dhabi Residential Property Sales Price Index increased by 0.48 points, from 82.08 to 82.56, which represents an increase of 0.59% in August 2023. Prices also increased 3.58% y-o-y. • Dubai Residential Property...

Market ShareHotel/serviced apartments make up less than 10% of all ready apartmentsales, and have consistently done so over the last four years. Within thehotel/serviced apartment space, luxury accounts for the majority oftransactions. Price Performance ComparisonSurprisingly, the secondary market has seen...

Volume ConcentrationsIn the post-COVID period, the largest concentration of Ejari transactions havebeen in the prime sector, and specifically in 3 and 4 bedroom villas. Top Performing CommunitiesThere has been a clear shift away from super prime villas when it comes...

TURKEY RESIDENTIAL SALES AND RENT PRICE CHANGES • According to the Residential Sales Prices in July 2023, there is 6.24% nominal increase when compared to the previous month and also 91.97% nominal increase when compared to July 2022. • According...

RESIDENTIAL SALES AND RENT PRICE INDICES • Abu Dhabi Residential Property Sales Price Index increased by 0.95 points, from 81.13 to 82.08, which represents an increase of 1.16% in July 2023. Prices also increased 3.20% y-o-y. • Dubai Residential Property...

GENERAL OVERVIEW REIDIN Real Estate Confidence Index for 2023 Q3 has been measured as 70.6 (Moderately Negative) less than 17.0% of last quarter. REIDIN Real Estate Price Sentiment Index for 2023 Q3 has been measured as 152.0 (Positive) more than...

Off Plan Holds a Greater Share of Transaction VolumesLooking at the apartment market since January 2020, off plan apartmentscomprise a greater portion of sales than their ready counterparts. Within the offplan data, luxury makes up over 60% of transactions, with...

TURKEY RESIDENTIAL SALES AND RENT PRICE CHANGES • According to the Residential Sales Prices in June 2023, there is 5.57% nominal increase when compared to the previous month and also 85.06% nominal increase when compared to June 2022. • According...

RESIDENTIAL SALES AND RENT PRICE INDICES • Abu Dhabi Residential Property Sales Price Index increased by 0.84 points, from 80.29 to 81.13, which represents an increase of 1.05% in June 2023. Prices also increased 2.81% y- o-y. • Dubai Residential...

RESIDENTIAL SALES AND RENT PRICE INDICES • Abu Dhabi Residential Property Sales Price Index increased by 0.18 points, from 80.11 to 80.29, which represents an increase of 0.23% in May 2023. Prices also increased 1.92% y- o-y. • Dubai Residential...

TURKEY RESIDENTIAL SALES AND RENT PRICE CHANGES • According to the Residential Sales Prices in May 2023, there is 5.63% nominal increase when compared to the previous month and also 98.63% nominal increase when compared to May 2022. • According...