![]() ![]() The PRR for villas stand at 17.78 years as compared to 16.92 years at the end of 2015. The Price to Rent ratios (PRR) for Dubai apartments witnessed a minor increase in July 2016. The historical high for apartments was 9.47% in March 2009 and 7.05% for villas in December 2010. The same time last year, the Gross Yield for apartments and villas stood at 7.81% and 5.88%, respectively. As of July 2016 REIDIN data, the Gross Yields for apartments and villas are 7.75% and 5.75%, respectively. The Gross Yield for Dubai apartments according to REIDIN depicted a slight decline in July 2016. For Dubai-Villa in July 2016, the rent price has dropped by 0.5% MoM and 5.8% YoY to AED 6.05 per square feet. ft.), current villa price is 11.0% below this level.Īccording to REIDIN, the average rent price for apartments decreased in July 2016 by 0.6% MoM and by 3.0% YoY to AED 8.13 per square feet. ![]() Compared to previous peak price of October 2014 (AED 1,455 per sq. For Dubai-Villa in July 2016, the sales price has declined by 0.6% MoM and 3.9% YoY to AED 1,295 per square feet. ft.), apartment price is 12.9% below this level. When compared to previous peak of October 2014 (AED 1,495 per sq. The sales price performance for July 2016 saw a decline for both villas and apartments.Īccording to REIDIN, the average sales price for apartments dropped in July 2016 by 0.2% MoM and 2.4% YoY to AED 1,302 per square feet. Handover of Dubai projects delayed as authorities get tough on fire safety: Posted on Augby centurionrealestate Posted in Uncategorized Leave a comment Dubai Sales and Rent Price Data July 2016 Omniyat’s One Palm work progressing well: ĭubai Sports City set to handover new luxury villa community: ĭubai Municipality supervises 25,000 buildings under construction: UAE’s Azizi says $95m Royal Bay project is 85% sold: ĭubai developer announces Dh750m Palm Jumeirah property: Jumeirah Golf Estates in sync with market needs: New supply slowdown can impact Dubai realty: Revealed: Top 5 localities to rent and buy a house in Dubai and Abu Dhabi: ĭubai rents continue to fall in July: new data: Now is a good time to invest in Dubai property: ĭubai’s double-digit property price rises ‘gone forever’: –643182.html#.V8HZwZh97IU ‘Imminent’ rise in Dubai house prices as conditions improve, new report says: īrexit effect can boost growing Chinese investor interest in Dubai real estate: ![]() Nakheel and Hilton to build new hotel at Jumeirah Village Triangle: Seven Tides to showcase British-themed hotel: ĭeyaar starts work on Dubai hotel project: ĭubai office rents most expensive in Mena: Nakheel continues Dh16 billion retail expansion with Nad Al Sheba mall: Townhouses up for sale in Green Community Motor City: Nakheel reveals more details of its Dh7.5 billion Jebel Ali Gardens community: Wasl launches new mixed-use project in Bur Dubai: īloom to showcase landmark Dubai projects: īloom Heights in Jumeirah Village Circle unveiled: Jumeirah Golf Estates sees good demand for townhouses: UK investors said to delay Dubai property deals post Brexit: ĭubai’s DIFC sees workforce rise above 21,000 in H1: Įducation has the makings of being prime realty play: ĭubailand gets more affordable townhouses: UAE cities draw ultra-rich GCC real estate investors: ĭubai rents fall less than expected in first half as delivery of new homes slows: ĭubai’s rental declines are limited to the high-end: Pakistanis homing in on Dubai properties with surge in investment: The UAE’s steadfast move up the global rankings: Right time to go shopping for villas in Dubai: report: įrom exclusion to action: making housing affordable: Sheikh Mohammed launches ‘city of the future’ with Jumeirah Central: Dubai house prices move into positive territory for first time in two years: ![]()
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