The report showed that the prices of bonus housing grow in the central regions of Dubai the third month to a row.
The August price index from ValuStrat (VPI) demonstrates the mixed dynamics of price level for the majority of the zones surveyed by analysts, and also growth of cost of the bonus residential real estate in the central regions the third month in a row.
In the report it is also said that growth in monthly expression at the level of 0.8 - 2.8% is registered for objects in a srednetsenovy segment with high yield.
At the same time some areas in Dubai became witnesses of fall of the prices for 1,7% both in a case with country houses, and with apartments.
Concerning the level fixed in January, 2014, August VPI for the residential real estate constitutes 97,6 points without essential changes of values in comparison with the last 14 months and with decrease by 0,6% in comparison with the same period of last year.
In August the segment of country houses registered 96,7 points concerning January, and apartments — 98,2 points.
In the report it is said that coefficients of rental rates were expected for 19 years for country houses and for 14 years apartments. Profitability level for the first constituted-4,4%, and for the second — 5,3%.
0 comments