Dubai Residential – Assessing Affordability – Evaluating Dubai’s Affordability Trends in an International Context

– Local Affordability TrendsLooking at Dubai in a vacuum shows that it is at least just as unaffordable as it was five years ago. This is according to two metrics: the price-to-rent and price-to-income ratios. The price-to-rent ratio is a...

RESIDENTIAL SALES AND RENT PRICE INDICES Abu Dhabi Residential Property Sales Price Index increased by 1.11 points, from 92.03 to 93.14, which represents an increase of 1.21% in December 2024. Prices also increased 11.12% y-o-y. Dubai Residential Property Sales Price...

– Citywide Volume and Value TrendsIn 2014, which is largely considered to be the peak of Dubai’s real estate market pre-COVID, ready property transactions exceeded their off plan counterparts both in terms of total sales volume and value. In the...

TURKEY RESIDENTIAL SALES AND RENT PRICE CHANGES In November 2024, Turkey Residential Sales Prices increased by 2.14% in nominal terms and decreased 0.10% in real terms compared to the previous month and also increased by 32.66% in nominal terms and...

RESIDENTIAL SALES AND RENT PRICE INDICES Abu Dhabi Residential Property Sales Price Index increased by 1.12 points, from 90.91 to 92.03, which represents an increase of 1.24% in November 2024. Prices also increased 10.17% y-o-y. Dubai Residential Property Sales Price...

– Community TrendsThis report focuses on Downtown Dubai and Palm Jumeirah as two communities that contribute significantly to Dubai’s ready property market (in terms of transaction volume). Further, these are two communities with the most clear-cut definitions of what constitutes...

TURKEY RESIDENTIAL SALES AND RENT PRICE CHANGES In October 2024, Turkey Residential Sales Prices increased by 2.95% in nominal terms and 0.07% in real terms compared to the previous month and also increased by 33.90% in nominal terms and decreased...

RESIDENTIAL SALES AND RENT PRICE INDICES Abu Dhabi Residential Property Sales Price Index decreased by 0.11 points, from 91.02 to 90.91, which represents a decrease of 0.12% in October 2024. Prices increased 9.30% y-o-y. Dubai Residential Property Sales Price Index...

GENERAL OVERVIEW REIDIN Real Estate Confidence Index for 2024 Q4 has been measured as 101.8 (Nearly Stable) more than 16.9% of last quarter. REIDIN Real Estate Price Sentiment Index for 2024 Q4 has been measured as 136.6 (Positive) more than...

TURKEY RESIDENTIAL SALES AND RENT PRICE CHANGES In September 2024, Turkey Residential Sales Prices increased by 1.78% in nominal terms and decreased 1.16% in real terms compared to the previous month and also increased by 34.74% in nominal terms and...

– Citywide TrendsThe evolution of Dubai’s off plan market has been exceptional in the post-COVID era, and has not gone unnoticed. The relative dominance of off plan properties relative to the ready property market has been the subject of the...