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...

Volume ConcentrationsIn the post-COVID period, the largest concentration of Ejari transactions havebeen in the middle markets, and specifically in 1 and 2 bedroom apartments. Top Performing CommunitiesLooking at the best performing communities in terms of price appreciation peryear, there are...

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...