---
title: "Dubai Residential Properties Price Index (RPPI)"
url: https://stacklist.com/card/5f580194-148b-4357-b407-9f32b0903dfb
source_url: "https://dubailand.gov.ae/en/open-data/residential-properties-price-index-rppi/"
stack: https://stacklist.com/c/finance/stack/6d5c7d43-90a4-4a90-a10f-0df7dab87d0a
summary: "Dubai Residential Properties Price Index (RPPI) tracks sales price trends for apartments and villas using a hedonic regression model, reporting monthly, quarterly, and yearly index values with a 2012 base year. The index shows significant market growth in 2021 and 2022, with over 84,196 transactions worth nearly AED 300 billion in 2021 and continued year-on-year increases in both volume and value through November 2022."
tags: "dubai-real-estate, residential-price-index, property-market, hedonic-regression, sales-transactions, rppi, price-index"
key_entities: "Dubai (location), Dubai Land Department (organization), Property Finder (organization), Residential Sales Price Index (concept), Hedonic Price Methodology (concept), DRHPI (concept)"
classification: "reference"
content_hash: "sha256:360d3b03cb85b58d4d35bbaff0bb09b8098cbd5b42b15f664bbdf442ce944ca6"
acp_version: "0.2"
token_counts_approximate: 1031
visibility: public
agent_accessible: true
status: "final"
---

# Dubai Residential Properties Price Index (RPPI)

Heading Residential Sales Price Index All Villa Apartment M Q Y Did you Know ? Dubai Real Estate had over 84,196‭ ‬real estate transactions in 2021‭ ‬worth almost AED 300‭ ‬billion‭. ‬The value of these transactions‭ ‬is the highest its ever been in the recorded history of Dubai Real Estate‭. ‬Compared to 2020‭, ‬the volume of transactions grew by‭ ‬66.3‭ ‬percent and the value of transactions grew by 72%‭.‬ Year-on-Year increase in value was 110.19‭ ‬percent‭, ‬increase in sales volume was 74.77‭ ‬percent. 59.6‭ ‬percent of sales transactions were in the secondary/ready market and 40.4‭ ‬percent were off-plan. Reference Period: Q3 2022 Index 2012= 1 1.193 Real Estate Price Index, Yearly, preliminary values 1.383 Real Estate Price Index, Quarter, preliminary values 1.387 Real Estate Price Index, Monthly, preliminary values 17.10 % 9 Months change 4.14% Quarter-0n-Quarter With 10,941 registered transactions worth AED 30.49 billion, November recorded the highest performance for a month in 2022. The market witnessed a 58.45 percent year-on-year increase in terms of volume and 70.81 percent in terms of value. Year to date, the sales transactions were remarkably higher than the total sales transactions in 2021 in terms of volume and value of transactions. While the volume of total sales transactions grew by 46.09 percent, the value grew by 60.67 percent. 2021‭ ‬had 61,241‭ ‬sales transactions worth AED 151.07‭ ‬billion. Dubai Real Estate had over 84,196‭ ‬real estate transactions in 2021‭ ‬worth almost AED 300‭ ‬billion‭. ‬The value of these transactions‭ ‬is the highest its ever been in the recorded history of Dubai Real Estate‭. ‬Compared to 2020‭, ‬the volume of transactions grew by‭ ‬66.3‭ ‬percent and the value of transactions grew by 72%‭.‬ In November 2022 the overall monthly Index recorded 1.387 and an index price of AED 1,334,010. In November 2022 the Apartments monthly Index recorded 1.482 and an index price of AED 1,268,623. In November 2022 the villas/townhouses monthly Index recorded 1.343 and an index price of AED 2,189,579. In Q3 2022 the Overall quarterly Index recorded 1.383 and an index price of AED 1,315,810. In Q3 2022 the Apartments quarterly Index recorded 1.444 and an index price of AED 1,232,604. In Q3 2022 the Villas/Townhouses quarterly Index recorded 1.276 and an index price of AED 2,134,295. In 2021‭ ‬the Overall yearly Index recorded 1.193‭ ‬and an index price of AED 1,133,776. In 2021‭ ‬the apartments Apartments yearly Index recorded 1.201‭ ‬and an index price of AED 1,041,679. In 2021‭ ‬the Villas/Townhouses yearly Index recorded 1.198‭ ‬and an index price of AED 1,961,679. DLD have adopted the hedonic price methodology to produce the Dubai House Price Index, the hedonic imputation method recognizes that the housing market is comprised of heterogeneous goods and can be described by their attributes or... Dubai residential sales price index is created using a hedonic regression model DLD has adopted the hedonic price methodology to produce the Dubai House Price Index, the hedonic imputation method recognizes that the housing market is comprised of heterogeneous goods and can be described by their attributes or their characteristics and the Dubai House Price Index will be constructed for monthly, quarterly and yearly frequencies to provide a deep understanding for the housing market in the Emirate of Dubai. Disclaimer At present, we do not provide any accuracy metrics, and although all due care and statistical rigour is taken with the index generation, we do not claim any forecast accuracy. Dubai Land Department and Property Finder reserve the right to adjust methodologies at any given time, and these changes will be published with appropriate user notes. Users seeking financial guidance from the DRHPI do so at their own risk and should note that some external macroeconomic features will not be captured in the model. The DRHPI should not be used for any commercial purposes, including pricing and investment decision making or performance measurement. Full Methodology Date : 04 June, 2020 Size : 249 KB File : PDF View Reports