Rate of average Dubai property price declines slows in 2019 - Arabianbusiness:
Average monthly property price declines in Dubai has slowed during 2019 compared to the previous 12 months, according to new research.
Consulting firm ValuStrat said in a new report that the average loss in capital values per month slowed marginally to 0.8 percent in 2019 when compared to the average 1 percent drop in 2018.
Its VPI – Residential Capital Values for Dubai as of November stood at 75.9 points, dipping 0.9 percent since October, and down by 10.8 percent on an annual basis.
The report showed that all Dubai locations saw monthly capital values marginally decline, the highest of which was Jumeirah Village Circle apartments with -1.1 percent, and the lowest was -0.6 percent for International City.
No comments:
Post a Comment