Q2 2015 Dubai Residential Market Report

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Dubai Residential Market Report - Q2 2015

Cavendish Maxwell Residential Market Survey Q2 2015 vs

Predictions

Reality

68% of agents surveyed predicted an overall market price decline of between 1% and 5% during Q2 2015

Overall market prices fell by 1.7% in Q2 2015

44% of agents surveyed predicted villa prices to decline between 1% and 5%

Villa prices fell by 2.4%

41% of agents surveyed predicted apartment prices to decline between 1% and 5%

Apartment prices fell by 2%

Looking forward - Q3 2015

Q 3 2 0 1 5 s a le s o u t lo o k Apartments Percentage of agents who predicted apartment prices would: 0% 18%

Villas Percentage of agents who predicted villa prices would: 0%

9%

12% 24% 26%

33% 40%

increase by more than 5%

38%

increase by up to 5%

not change

decrease by up to 5%

decrease by more than 5%

Source: Cavendish Maxwell Residential Market Survey

Q 3 2 0 1 5 re n t s o u t lo o k Apartments Percentage of agents who predicted apartment rents would: 0% 16%

Villas Percentage of agents who predicted villa rents would: 2%

22%

27%

23%

20%

17% 39%

34%

increase by more than 5%

increase by up to 5%

not change

decrease by up to 5%

decrease by more than 5%

Source: Cavendish Maxwell Residential Market Survey

Š Cavendish Maxwell 2016 | www.cavendishmaxwell.com


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