ValuStrat Price Index


We pioneered the ValuStrat Price Index (VPI) to analyse and report the change in capital values experienced by a representative fixed basket of freehold residential and office units. By applying statistically determined weights to different locations and unit specifications, the VPI provides an accurate real-time monitor of the city’s property cycle – refining transparency with market intelligence. The VPI uses a comprehensive weighted sample representing more than 90% of all property types and is built by our expert RICS Registered Valuers.

Dubai 2017 Fourth Quarter Update

The quarterly review of Dubai residential property conveyed that 40% of the freehold villa locations monitored by the ValuStrat Price Index – Residential saw capital declines compared to a third of freehold apartment areas. The commercial counterpart, ValuStrat Price Index – Office witnessed mix price movements within its monitored locations.

Dubai’s Residential VPI in-depth reports published and available on subscription basis:

VPI Snapshot
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Dubai Residential VPI

The fourth quarter 2017 VPI – Residential displayed an overall 1.9% annual decline in capital values, equivalent to 15.3% below 2014 peak. As we predicted,overwhelming
off-plan sales activity caused a further delay in near term recovery of the wider property market. Most locations monitored by the VPI saw quarterly capital declines, by as much as 4.4% for Jumeirah Lake Towers and 2.6% for Arabian Ranches. Other locations saw the pace of their quarterly declines slow to less than 0.5% down, which was the case for Dubai Marina. However, established prime locations such as Downtown Dubai, Palm Jumeirah, Emirates Hills and Jumeirah Islands proved to be immune from the negative trends.

Dubai Office VPI

The VPI-Office represents the quarterly price change experienced by typical freehold office space in Dubai. The Q4 VPI stood at 89.3 points, suggesting that average capital values are 8% lower than the same period during the base year 2015, 0.8% lower than the same period last year and 2.3% lower than the previous quarter.While Downtown Dubai and DIFC have not seen change in their capital values since Q3, TECOM, Business Bay and JLT saw quarterly capital value declines that ranged between 2.5% and 4.8%.