Just released – Cavendish Maxwell’s Dubai House Price Index March 2019 Report.
Prices declined by 1.7% month-on-month similar to the monthly change recorded in January 2019.
In March 2019, the annual decline in house prices was more pronounced in communities such as Arabian Ranches, Emirates Living, Dubai Silicon Oasis, Jumeirah Islands and Dubai Sports City, where house prices declined by more than 12% on average.
The rate of off-plan apartment transfers remained high in March, as has been the case over the past 12 months. However, the total volume of residential transactions over Q1 2019 was 3% lower than the same period in 2018. Meanwhile, the volume of apartment transfers over Q1 2019 decreased by nearly 14% compared to the same period in the past year.The Dubai House Price Index from Property Monitor tracks the prices of a selection of apartment and villa/townhouse properties from September 2015.
In light of the above, we still need to consider that prices have fallen from an undersupplied market and Dubai has now developed into a developed City with a variety of housing available.
If you are looking to sell or lease keep in weekly contact with your agent to ensure you are in the best price point and check your property online and see where you sit in searches for likewise properties.
If you would like advice on whether to sell or lease your property please do not hesitate to contact me for a full valuation report and advice.
Carlton Real Estate
data from propertymonitor.ae
|For Sale Residential |
3 Ritz Residence Studio apartments for only AED1,080,000 –
size range 550-635 sq ft
call Laura 050 980 6722
Mira Oasis 1, Brand New, 3 bedroom + Study + Maid
Type H (Corner Unit) Selling Price: AED 1.35 M
Vacant Near Park – reply to this email
Marina Diamond, Dubai Marina,
two bedroom apartment – 1,100 sq ft
AED965,000 – 052 709 3710
Executive Tower G, 2 bedroom apartment,
Business Bay, AED1,600,000 – 050 980 6722
Garden Home, The Palm Jumeirah, high number,
L Frond – AED9,000,000
Call 050 980 6722
Burj Views, Downtown
2 Bedroom, 2 balconies, Burj Khalifa View
1,362 sq ft AED1,600,000
Call 050 980 6722
|Commercial For Rent|
Various Retail and Offices available in Satwa, Bur Dubai and Deira from 300 sq ft to 21,000 sq ft showrooms, all exclusive properties, please call 050 980 6722
Duplex Offices in Media City from AED163,919 per annum
Dubai Marina, Ground Floor Retail – 1,405 sq ft internal – 2,084 terrace – AED386,250 per annum sq ft
DIFC – Index Tower
Fully Furnished offices from 520 sq ft to 3,200 sq ft
JLT – Indigo 7
Fully Fitted Office – 3,314 sq ft – AED477,354
DIP 2 – Warehouse
7,300 sq ft, 100kw, light industry or storage
Business Bay Offices
from AED40,000 per annum in B2B Tower
Please reply to this email
|Residential For Rent|
Monthly Payments for Studio, 1 and 2 bedroom semi furnished apartments in Arjan next to Medicare Hospital and Miracle Gardens.
Studios from AED34,000
1 Bedrooms from AED55,000
2 Bedrooms from AED65,000
Please call 050 980 6722