Graph and download economic data for Real Residential Property Prices for United Arab Emirates (QAER771BIS) from Q1 2004 to Q1 2024 about United Arab Emirates, residential, HPI, housing, real, price index, indexes, and price.

Key information about United Arab Emirates Gold Production

• United Arab Emirates Real Residential Property Price Index was reported at 143.490 2010=100 in Mar 2024.
• This records an increase from the previous number of 137.212 2010=100 for Dec 2023.
• United Arab Emirates Real Residential Property Price Index data is updated quarterly, averaging 117.663 2010=100 from Mar 2003 to Mar 2024, with 85 observations.
• The data reached an all-time high of 165.357 2010=100 in Sep 2014 and a record low of 86.733 2010=100 in Sep 2003.
• United Arab Emirates Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

In January 2024, the index value of residential property prices in the emirate of Dubai in the United Arab Emirates peaked at ****** points. Since January 2022, the overall trend of the index value has seen an upward trajectory.

According to ValuStrat, the average residential prices in Dubai reached around ***** United Arab Emirates dirhams (AED) in December 2023, rising from around *** AED in 2020. Real estate market in Dubai Despite the impact of the global COVID-19 pandemic on the real estate market, Dubai's real estate sector continues to show resilience and remains a lucrative investment option. In the first quarter of 2021, the real estate transactions in Dubai amounted to approximately ** billion U.S. dollars in value. With its emphasis goal of transforming into a high-end tourist destination, Dubai has become an appealing choice for real estate investors. In 2019, investment villas made up most urban buildings in the emirate, with around ** thousand units. Residential market outlook The residential market in Dubai has experienced substantial growth in recent years. In 2022, it was projected to witness the addition of approximately ** thousand new apartments and ***** thousand new villas. These additions contribute to the existing supply of *** thousand residential units in the emirate for that year. According to the same source, in December 2022, the capital prices of residential apartments in Jumeirah Beach Residence, Dubai, stood at approximately *** million United Arab Emirates dirhams. This represented a *** percent growth in capital values compared to the prior year. With its strong market presence and attractive investment opportunities, Dubai's residential market remains a key player in the region.

Dataset Overview

This dataset provides a detailed snapshot of real estate properties listed in Dubai, UAE, as of August 2024. The dataset includes over 5,000 listings scraped using the Apify API from Propertyfinder and various other real estate websites in the UAE. The data includes key details such as the number of bedrooms and bathrooms, price, location, size, and whether the listing is verified. All personal identifiers, such as agent names and contact details, have been ethically removed.

Data Science Applications

Given the size and structure of this dataset, it is ideal for the following data science applications:

• Price Prediction Models: Predicting the price of properties based on features like location, size, and furnishing status.
• Market Analysis: Understanding trends in the Dubai real estate market by analyzing price distributions, property types, and locations.
• Recommendation Systems: Developing systems to recommend properties based on user preferences (e.g., number of bedrooms, budget).
• Sentiment Analysis: Extracting and analyzing sentiments from the property descriptions to gauge the market's tone.

This dataset provides a practical foundation for both beginners and experts in data science, allowing for the exploration of real estate trends, development of predictive models, and implementation of machine learning algorithms.

# Column Descriptors

• title: The listing's title, summarizing the key selling points of the property.
• displayAddress: The public address of the property, including the community and city.
• bathrooms: The number of bathrooms available in the property.
• bedrooms: The number of bedrooms available in the property.
• addedOn: The timestamp indicating when the property was added to the listing platform.
• type: Specifies whether the property is residential, commercial, etc.
• price: The listed price of the property in AED.
• verified: A boolean value indicating whether the listing has been verified by the platform.
• priceDuration: Indicates if the property is listed for sale or rent.
• sizeMin: The minimum size of the property in square feet.
• furnishing: Describes whether the property is furnished, unfurnished, or partially furnished.
• description: A more detailed narrative about the property, including additional features and selling points.

# Ethically Mined Data

This dataset was ethically scraped using the Apify API, ensuring compliance with data privacy standards. All personal data such as agent names, phone numbers, and any other sensitive information have been omitted from this dataset to ensure privacy and ethical use. The data is intended solely for educational purposes and should not be used for commercial activities.

# Acknowledgements

This dataset was made possible thanks to the following:

• Apify: For providing the API to ethically scrape the data.
• Propertyfinder and various other real estate websites in the UAE for the original listings.
• Kaggle: For providing the platform to share and analyze this dataset.

-**Photo by** : Francesca Tosolini on Unsplash

Use the Data Responsibly

Please ensure that this dataset is used responsibly, with respect to privacy and data ethics. This data is provided for educational purposes.

Real Residential Property Prices for United Arab Emirates was 143.48970 Index 2010=100 in January of 2024, according to the United States Federal Reserve. Historically, Real Residential Property Prices for United Arab Emirates reached a record high of 143.48970 in January of 2024 and a record low of 114.85840 in April of 2022. Trading Economics provides the current actual value, an historical data chart and related indicators for Real Residential Property Prices for United Arab Emirates - last updated from the United States Federal Reserve on July of 2025.

In Q3 2024, the land property index in Dubai in the United Arab Emirates reached around *****, down from ****** in the previous quarter. The land property index in Dubai reached ***** as of the same quarter.

UAE Residential Real Estate Market size was valued at around USD 36.32 Billion in 2024 & is projected to reach USD 52.32 billion by 2030 with a 5.1% CAGR.

Key information about United Arab Emirates Nominal Residential Property Price Index

• United Arab Emirates Nominal Residential Property Price Index was reported at 167.758 2010=100 in Dec 2023.
• This records an increase from the previous number of 162.663 2010=100 for Sep 2023.
• United Arab Emirates Nominal Residential Property Price Index data is updated quarterly, averaging 127.205 2010=100 from Mar 2003 to Dec 2023, with 84 observations.
• The data reached an all-time high of 174.755 2010=100 in Dec 2014 and a record low of 55.838 2010=100 in Sep 2003.
• United Arab Emirates Nominal Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly.

The UAE Residential Real Estate Market is Segmented by Property Type (Apartments & Condominiums and Villas & Landed Houses), Price Band (Affordable, Mid-Market and Luxury), Mode of Sale (Primary and Secondary), Business Model (Sales and Rental) and Emirates (Dubai, Abu Dhabi, Sharjah, Ras Al Khaimah and Rest of UAE). The Market Forecasts are Provided in Terms of Value (USD).

The Report Covers UAE Top Real Estate Companies and It is Segmented by Type (apartments, Condominiums, Villas, and Landed Houses) and City (Dubai, Abu Dhabi, Sharjah, and Other Cities). The Report Offers Market Size and Forecasts for the United Arab Emirates Luxury Residential Real Estate Market in Value (USD) for all the Above Segments.

Real estate, and especially when located in prime locations, is often referred to as a safe haven for investments. According to the forecast, Dubai is going to see the highest growth in luxury real estate prices in 2025. New York and Geneva, which also right high, were forecast to witness high-end properties prices rise by ***** percent.

Key information about United Arab Emirates Nominal Residential Property Price Index Growth

• United Arab Emirates Nominal Residential Property Price Index Growth was reported at 16.902 % in Dec 2023.
• This records an increase from the previous number of 16.747 % for Sep 2023.
• United Arab Emirates Nominal Residential Property Price Index Growth data is updated quarterly, averaging 6.637 % from Mar 2004 to Dec 2023, with 80 observations.
• The data reached an all-time high of 42.475 % in Dec 2007 and a record low of -24.436 % in Sep 2009.
• United Arab Emirates Nominal Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly: YoY %.

The UAE Real Estate Services Market Report is Segmented by Property Type (Residential - Apartments and Condominiums, Villas and Landed Houses; Commercial - Office, Retail, Logistics, Others), Service (Brokerage Services, Property Management Services, Valuation Services, Others), Client Type (Individuals/Households, and More), and Geography (Dubai, Abu Dhabi, and More). The Market Forecasts are Provided in Terms of Value (USD).

Residential Property Prices for United Arab Emirates was 18.37930 % per Annum in January of 2024, according to the United States Federal Reserve. Historically, Residential Property Prices for United Arab Emirates reached a record high of 18.37930 in January of 2024 and a record low of 6.34590 in July of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for Residential Property Prices for United Arab Emirates - last updated from the United States Federal Reserve on August of 2025.

The GCC real estate market, valued at $13.39 billion in 2025, is projected to experience robust growth, with a Compound Annual Growth Rate (CAGR) of 9.63% from 2025 to 2033. This expansion is driven by several key factors. Increased government investments in infrastructure projects, particularly in Saudi Arabia and the UAE, are stimulating demand. Furthermore, a burgeoning population, coupled with rising urbanization and a robust tourism sector, fuel the need for residential and commercial properties. The significant influx of foreign investment, attracted by the region's economic diversification strategies and favorable regulatory environments, also contributes significantly to market growth. The market is segmented by property type, with single-family homes and multi-family dwellings representing the primary segments. Competition among major players like Strabag Dubai LLC, Extra Co Group of Companies, and Albaddad International is fierce, driving innovation and efficiency improvements within the construction and development sectors. While challenges exist, such as potential economic fluctuations and material cost increases, the overall outlook for the GCC real estate market remains positive, promising substantial growth over the forecast period. The forecast period of 2025-2033 is anticipated to witness a steady rise in market value, influenced by factors like ongoing infrastructure development, government initiatives to boost housing affordability, and continuous growth in the tourism and hospitality industries. The strategic location of the GCC region, serving as a crucial trade hub, adds to its appeal for investors. The ongoing diversification of the regional economy, reducing reliance on oil revenue, enhances long-term stability and fosters a favorable investment climate. While supply chain disruptions and global economic uncertainties represent potential headwinds, the strong fundamentals of the GCC real estate market suggest its resilience and capacity for sustained growth. The segmentation into single-family and multi-family homes reflects differing consumer preferences and demand drivers, influencing the overall market dynamics. Recent developments include: June 2023: Saudi Arabia's Red Sea International Co. acquired a 51% stake in local construction firm Fundamental Installation for Electric Work Co. Ltd. (First Fix) for a total transaction value of 544.2 million (USD 145 million)., May 2022: Saudi Giga projected a merger to create a new development powerhouse. Saudi Arabia's Public Investment Fund (PIF) combined two big projects, with The Red Sea Development Company (TRSDC) having taken over Amaala under a single new entity, which will be soon known as Red Sea Global.. Key drivers for this market are: Increasing Demand of prefabricated Housing in GCC, Government Initiatives Driving the Construction. Potential restraints include: Increasing Demand of prefabricated Housing in GCC, Government Initiatives Driving the Construction. Notable trends are: Rising Demand for Single Family Type in the Region Fuelling the Market Demand.

The UAE's luxury real estate market, valued at approximately $XX million in 2025, is experiencing robust growth, projected to expand at a CAGR exceeding 8% from 2025 to 2033. This expansion is fueled by several key drivers. Firstly, significant government investments in infrastructure and tourism initiatives, such as Expo 2020 Dubai’s lasting impact, are enhancing the appeal of the UAE as a prime investment destination and bolstering property values. Secondly, a consistent influx of high-net-worth individuals (HNWIs) seeking lucrative investment opportunities and a luxurious lifestyle contributes significantly to market demand. Thirdly, the diversification of the UAE economy beyond oil, attracting foreign investment and fostering economic stability, provides a strong foundation for sustained luxury real estate growth. Finally, the increasing popularity of second homes and holiday properties further fuels demand, particularly in desirable locations like Dubai, Abu Dhabi, and Sharjah. While potential interest rate hikes and global economic uncertainties pose some restraints, the overall market outlook remains positive, driven by strong investor confidence and the UAE's continued economic strength. The segment breakdown reveals a strong preference for apartments and condominiums, driven by their accessibility and centralized locations. However, villas and landed houses remain highly sought after, particularly among HNWIs seeking spaciousness and privacy. Dubai dominates the market, owing to its established luxury infrastructure, vibrant lifestyle, and international appeal. However, other cities like Abu Dhabi and Sharjah are also experiencing notable growth, benefiting from infrastructural developments and government initiatives. Key players like Emaar Properties, DAMAC Properties, and Nakheel Properties are shaping the market landscape through their diverse projects and strategic partnerships. The competitive landscape remains dynamic, with both established players and emerging developers vying for market share. International investors are also increasingly active, attracted by the market's potential and high returns. The regional distribution of investment shows strong participation from the Middle East and Asia-Pacific regions. This report provides an in-depth analysis of the luxury real estate market in the UAE, covering the historical period (2019-2024), the base year (2025), and forecasting the market's trajectory until 2033. It examines key segments including Dubai real estate, Abu Dhabi real estate, and other emirates, focusing on apartments and condominiums, and villas and landed houses. The report analyzes market dynamics, identifying key growth drivers and challenges influencing this lucrative sector. This is a must-read for investors, developers, and anyone interested in understanding the future of luxury property in the UAE. Recent developments include: March 2023: Emaar The Economic City (Emaar EC) agreed to sell a prime beachfront land plot in Murooj Golf Community District, King Abdullah Economic City (KAEC), as an in-kind contribution to Al Bilad Tourism Fund. It is a Capital Market Authority (CMA)-regulated Shariah-compliant closed-end private real estate investment fund. In return for the land sale, Emaar EC will acquire units in the fund worth SAR 269.2 million (USD 717 million), representing 41.15% of the fund's equity. The fund strategy is to develop and operate the resort under the Rixos Premium brand (an all-inclusive luxury resort and waterpark comprising around 550 properties with lifestyle, retail, and food and beverage offerings). This is to create value and exit at the planned maturity of 12 years, said the company., February 2023: Dubai Holding, a diversified global investment company with operations in 13 countries, announced that it had acquired full ownership of the iconic The Westin Paris - Vendome after acquiring Henderson Park's stake in the property. The acquisition of this prime asset further strengthens Dubai Holding's extensive portfolio of world-class assets in key gateway locations. In addition, it supports the Group's long-term strategy of global expansion that is focused on boosting its presence in strategic destinations worldwide, including North America, the Middle East, Europe, and Asia.. Key drivers for this market are: Increasing Spending on the Commercial Construction. Potential restraints include: Materials and Labor Shortages. Notable trends are: Post-Expo landscape looks bright for Dubai luxury home market.

United Arab Emirates Index: DFM: Real Estate data was reported at 5,292.430 31Dec2003=1000 in Jul 2018. This records an increase from the previous number of 5,089.160 31Dec2003=1000 for Jun 2018. United Arab Emirates Index: DFM: Real Estate data is updated monthly, averaging 6,194.305 31Dec2003=1000 from Dec 2006 (Median) to Jul 2018, with 140 observations. The data reached an all-time high of 13,681.100 31Dec2003=1000 in Dec 2007 and a record low of 2,009.260 31Dec2003=1000 in Jan 2009. United Arab Emirates Index: DFM: Real Estate data remains active status in CEIC and is reported by Dubai Financial Market. The data is categorized under Global Database’s United Arab Emirates – Table AE.Z012: Dubai Financial Market: Index.

United Arab Emirates Dubai Financial Market: Index: Dubai Real Estate and Construction Index data was reported at 12,250.960 NA in Apr 2025. This records an increase from the previous number of 12,004.690 NA for Mar 2025. United Arab Emirates Dubai Financial Market: Index: Dubai Real Estate and Construction Index data is updated monthly, averaging 7,197.855 NA from Jul 2022 (Median) to Apr 2025, with 34 observations. The data reached an all-time high of 12,250.960 NA in Apr 2025 and a record low of 4,982.730 NA in Jul 2022. United Arab Emirates Dubai Financial Market: Index: Dubai Real Estate and Construction Index data remains active status in CEIC and is reported by Exchange Data International Limited. The data is categorized under Global Database’s United Arab Emirates – Table AE.EDI.SE: Dubai Financial Market: Monthly.

The UAE's real estate market, a cornerstone of its economy, experienced robust growth between 2019 and 2024, driven by factors such as infrastructural development, tourism expansion, and a burgeoning population. While precise market size figures for the earlier years aren't provided, a conservative estimate, considering global trends and the UAE's economic performance, suggests a steady increase in market value. The base year of 2025, likely reflecting a period of consolidation or slight adjustment after periods of rapid growth, sets a foundation for future expansion. The projected Compound Annual Growth Rate (CAGR) from 2025 to 2033 indicates continued positive momentum, fueled by ongoing government initiatives promoting sustainable development and attracting foreign investment, particularly in sectors like hospitality and commercial real estate. This growth is expected to be influenced by factors such as Expo 2020 Dubai's lasting impact and the nation's commitment to diversifying its economy beyond oil. Looking ahead to 2033, the predicted CAGR will likely translate into significant market expansion. This expansion isn't uniformly distributed; certain segments, like luxury residential properties and commercial spaces in prime locations, will see disproportionately higher growth rates. Government regulations, aiming to stabilize prices and ensure sustainable development, will undoubtedly shape the market's trajectory. Factors such as interest rate changes and global economic conditions will also influence the speed and nature of this expansion. Analysis of previous trends suggests that despite potential short-term fluctuations, the long-term outlook for the UAE's real estate sector remains positive, with significant growth potential across various property types and geographical locations within the Emirates. This in-depth report provides a comprehensive analysis of the UAE real estate market, covering the historical period (2019-2024), base year (2025), and forecast period (2025-2033). With a focus on key segments like residential, commercial, and other property types, along with services including property management and valuation, this report offers invaluable insights for investors, developers, and industry professionals seeking to navigate this dynamic market. Keywords: UAE Real Estate Market, Dubai Real Estate, Abu Dhabi Real Estate, Real Estate Investment UAE, Property Prices UAE, Real Estate Development UAE, Property Management UAE, Real Estate Valuation UAE. Key drivers for this market are: Increasing Developments in the Residential Segment, Investments in the Senior Living Units. Potential restraints include: Limited Availability of Land Hindering the Market. Notable trends are: Increase in Facility Management Services in the United Arab Emirates.