Prices rose 1.9% in February after recording gains of 1.3% in January and 1.5% in December, and now stand at AED 858 per sq ft
Prices continue to recover with the Property Monitor Dynamic Price Index recording a monthly increase of 1.1% in January.
Prices stage recovery in December as mortgages hit record levels
The Property Monitor Dynamic Price Index recorded a monthly increase of +0.68% in November leaving prices now broadly flat over the last four months.
After a surprise uptick last month, Dubai property prices resumed their downward trajectory in October 2020
Transactions rise to pre-COVID levels amid scattered recovery in prices
Property prices at 11-year low, inch towards AED 800 per sq ft