Dubai’s residential sales price index declined by 0.32% MoM while increasing 9.03% YoY, while the rent price index decreased by 0.16% MoM while increasing 4.13% YoY.
In Abu Dhabi, the residential sales price index increased by 0.05% MoM and 31.86% YoY, with the rent price index up 0.56% MoM and 14.99% YoY.
Across the northern emirates, Ras Al Khaimah’s apartment sales price index declined by 0.41% MoM while remaining 39.01% higher YoY, and Ajman’s apartment sales price index increased by 1.38% MoM while increasing 8.90% YoY.
Sharjah’s apartment sales price index increased by 1.05% MoM, while remaining 4.75% lower on a year-on-year basis.