Big Project ME November 2019

Page 19

MARKET REPORT

RESIDENTIAL MARKET Q3 SNAPSHOT

17

VILLAS - RESIDENTIAL MARKET RENT AND QUARTERLY CHANGE (AED THOUSAND P.A.) 3BR

4BR

5BR

QoQ Change

PRICE MOVEMENT QoQ

300

1%

-1% 0%

250

0%

200

-1%

150

-2%

100

-3%

50

-4%

Apartments

Villas

RENTAL MOVEMENT QoQ

-1% 0% Apartments

Villas

Al Ghadeer

Al Reef

Al Raha Gardens

Khalifa City

Al Reem Island

Al Khalidiya

MBZ

APARTMENTS AND VILLAS - RESIDENTIAL SALES PRICES AND QUARTERLY CHANGE (AED/SQ FT) Villa Sales Q2 2019

Villa Sales Q3 2019

QoQ Movement

1,400 1,400

965 975

Saadiyat Island

Al Reem Island

Saadiyat Island

-2%

1,280 1,300

0%

Al Raha Beach

700 700 Al Raha Gardens

Apartment Sales Q3 2019

0%

-1% Al Reem Island

Apartment Sales Q2 2019

Al Raha Gardens

872 872 Khalifa City

797 814 Al Reef

695 700

Al Ghadeer

628

-2%

0%

-1%

Al Raha Beach

Al Reef

Khalifa City

Al Reef

620

Al Ghadeer

-1%

-1%

750 740 Al Reem Island

Al Reef

Al Reem Island

APARTMENTS - RESIDENTIAL MARKET RENT AND QUARTERLY CHANGE (AED THOUSAND P.A.)

Source: Propertyfinder, Chestersons

Studio

1BR

2BR

3BR

QoQ Change

180

1%

150

0%

120

-1%

90

-2%

60

-3%

30

-4% Al Raha Beach

Al Ghadeer

Al Reef

Al Reem Island

Saadiyat Island

Khalifa City

Al Khalidiya

MBZ

Corniche Road

Muroor Area

MEConstructionNews.com | November 2019


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