Dubai Residential Market Sale Performance Q4 2015 — Cavendish Maxwell

Dubai Residential Market Report - Q4 2015

Dubai Apartments

  • Apartment prices declined, on average, by 1% in Q4 2015, where International City declined slightly faster at 2%.
  • During the last 12 months, apartment price declines varied significantly across Dubai, dropping an average of 6% with peripheral locations such as Discovery Gardens, International City and Motor City declining the most at 9%, 9% and 10% respectively.
Dubai Apartments Sale Performance
Dubai Villas Sale Performance

Dubai Villas

  • Villa prices have declined by an average of 1% in Q4 2015, slower than the 2% in Q3 2015.
  • On average, villa prices have declined by approximately 8% in the last 12 months. Prices at more established villa communities such as The Meadows and Springs declined by 12% and 18% respectively as buyers opted to purchase in the newer and upcoming communities.

    Dubai Villas Sale Performance
    Dubai Villas Sale Performance