Residential Average Sale Price Change - March 2015

The residential segment picked up in February, we witnessed growing sale transaction volumes for apartments and rising sale rates as an average overall the city. Year-on-year apartment prices slightly decreased; recall that from Q4 2013 sale price in the Emirate hit faster pace before entering into a healthy stabilization period that started in Q3 2014.

The villa market is quieter; landlords willing to sell their properties enjoy year-on-year sale price increase while buyers benefit from stronger negotiation power due to the recent sale price decrease.

See also:

• Residential Average Sale Price Change - February 2015
• Arabian Ranches sale & rent price change - January 2015
• Arabian Ranches sale & rent price change - December 2014
• Dubai market outlook - November 2014