Inside the Report
The ValuStrat Price Index (VPI) witnessed the slowest monthly growth rate in 18 months. With 100 base points set in January 2014, Dubai’s residential VPI inched up 1% monthly to reach 83.1 points. The villa submarket continued to perform, albeit at a slower 1.3% month-on-month expansion, registering 101.9 VPI points. Apartments, which represent the majority of Dubai's residential market, gradually approached possible price ceilings with a modest 0.7% monthly rise, reaching 71.4.
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