UAE Property Price Index

UAE Residential Price Index

21 years of quarterly price data from the Bank for International Settlements. Track market cycles, booms, and corrections.

Current Index

175.38

2024-Q1

YoY Change

+22.8%

From COVID Low

+111.8%

Since Q2 2020

All-Time High

175.38

2024-Q1

Property Price Index Over Time

Base year: 2010 = 100. Source: BIS via FRED

Market Cycles

Pre-GFC Boom

2003-Q1 → 2008-Q2
Peak: 135.7

Speculative boom driven by oil wealth and global liquidity. Prices tripled in 5 years.

GFC Crash

2008-Q3 → 2009-Q3
Trough: 80.1

Global financial crisis. Prices fell 41% from peak in just over a year.

Recovery & Expo Rally

2012-Q1 → 2014-Q1
Peak: 135.2

Recovery driven by Expo 2020 announcement and returning confidence.

Correction

2014-Q2 → 2020-Q2
Trough: 82.8

Prolonged correction due to oversupply, oil price crash, and VAT introduction.

Post-COVID Boom

2020-Q3 → 2024-Q1
Peak: 175.38

Record-breaking rally driven by visa reforms, remote workers, Russian capital flows, and limited supply.

Current Top Performers

Dubai communities with the highest year-over-year price growth

1

Falcon City

+1416.2%

AED 1,570/sqft

2

Dmcc Ez2

+136.6%

AED 2,905/sqft

3

Motor City

+128.7%

AED 1,880/sqft

4

Jumeirah Islands

+80.0%

AED 1,732/sqft

5

Living Legends

+69.3%

AED 1,178/sqft

Data Source & Methodology

UAE Residential Property Price Index from the Bank for International Settlements (BIS), published via FRED (Federal Reserve Economic Data). Index base year: 2010 = 100. Quarterly data, not seasonally adjusted. This index tracks nominal residential property prices across the UAE. Community-level data from Dubai Land Department (DLD) official transaction records.