United Arab Emirates: Real residential property prices Y-on-Y change
* indicates monthly or quarterly data series
The most recent value is 16.17 percent as of Q1 2024, an increase compared to the previous value of 14.76 percent. Historically, the average for the United Arab Emirates from Q1 2004 to Q1 2024 is 2.87 percent. The minimum of -24.94 percent was recorded in Q2 2009, while the maximum of 31.53 percent was reached in Q2 2014.
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* indicates monthly or quarterly data series
- Measure: percent
- Source: Bank for International Settlements (BIS)
| Recent values | United Arab Emirates: Real residential property prices Y-on-Y, percent change |
|---|---|
| 2024 Q1 | 16.17 |
| 2023 Q4 | 14.76 |
| 2023 Q3 | 16.19 |
| 2023 Q2 | 12.33 |
| 2023 Q1 | 4.79 |
| 2022 Q4 | 2.1 |
| 2022 Q3 | -0.27 |
| 2022 Q2 | 2.4 |
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Definition: Real residential property price measures the year-on-year percent change of property prices over time excluding the corresponding Y-on-Y inflation.
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| House price index | 175.38 | Q1/2024 | index points |
| Real residential property prices Y-on-Y change | 16.17 | Q1/2024 | percent |
| Consumer confidence survey | 137.00 | Q4/2021 | points |