Dubai gets new property price index

123RF

Keeping track of property prices will soon be easier for house-hunters in Dubai.

A new House Price Index has been launched in the emirate to provide residents with updated sales and rental price details.

The Mo’asher project by Dubai Land Department (DLD) and Property Finder will be rolled out in September.

The DLD will share the data on a monthly basis.

Lynnette Abad, Director of Research and Data at Property Finder, explains.

Abad also tells us how residents can view the index.

 

More from Business

Coming Up on Dubai Eye

  • The Business Breakfast

    6:00am - 10:00am

    The Business Breakfast is the day’s must listen for the UAE’s business leaders, and those who aspire to be.

  • The Agenda

    10:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.