REIDIN Residential Property Price Indices July 2023 Results

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...

Real Estate’s Year so farAs has been noted constantly this year, real estate has performed exceptionally wellin 2023. At first glance, it may appear that investing in properties is the mostlucrative option, especially this year. Luxury vs Mid Market AnalysisWhen...

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...

JUNE 2023 International ComparisonsReal Estate Markets in Los Angeles and London have significantly outperformed that of Dubai; however in the last 12 months, we have seen a trend reversal, given a myriad of factors. Lagged correlation analysis (0.84 and 0.97)...