Page 343 - SOBHA REALTY QUARTERLY PR REPORT - JANUARY-MARCH 2024 (ENGLISH )

Dubai villa prices in top

areas double in three years

The ValuStrat Price Index (VPI) for February registered 164.1 points, up
23.1% annually

by

Somshankar Bandyopadhyay

Villa prices on the on Palm Jumeirah rose 35.1 per cent on an annualised basis.

Published: Wed 20 Mar 2024, 6:04 PM

Highly desired villas in Dubai have more than doubled in value in three
years, whilst apartment prices are up by just over a third on average, new
data showed on Wednesday.

The ValuStrat Price Index (VPI) for February registered 164.1 points, up 23.1
per cent annually, with a monthly increase of 2.1 per cent. Villas were at

206.1 points, and apartments were 136.6 points, this is compared to 100
points base set in January 2021.

https://www.khaleejtimes.com/business/realty/dubai-villa-prices-in-top-areas-double-in-
three-years