Dubai Launches Real Time Property Index

Dubai Real Time Property Index

First Published: Nov 2, 2013 RealEstateExpedition.com

Dubai has launched a real-time property price guide index for the first time. This new index is a joint venture between Arabian Business and Better Homes.

The Dubai Real Time Property Index will cover the region's key areas such as downtown Dubai, Dubai Marina , Dubai Investment Park, The Palm Jumeirah, Jumeirah Lake Towers, and Jumeriah Village circle, and The Greens.

This property index will show both sales and rentals real time transactions. Also, the latest prices with the monthly changes will be shown for the above-mentioned areas.

The Dubai Property Index looks at moving average median prices listed with Better Homes to make its index. Some inconsistent data that are extreme were ignored to stabilize short-term fluctuations in order to main its long-term realistic trends. Click here to view the index: The Dubai Property Index.