Abu Dhabi residential capital values posts a 7.5 percent jump in 2021
<p>Abu Dhabi residential capital values saw a marginal drop of less than 1 percent in the first quarter of this year, the latest market report said.</p>
<p>In 2021, the residential capital values in the emirate posted a jump of 7.5 percent over the previous year, to reach 70.8 points, strategic advisory and research firm ValuStrat said in its Abu Dhabi Q1 2022 Real Estate Research.</p>
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<p>According to the valuation-based housing price index, ValuStrat said all properties monitored by it saw an annual growth in capital values ranging from 5.2 percent to 10.1 percent.</p>
<p>The weighted average residential value in the first quarter of this year was AED 9,214 per sq metre. Of this, apartments stood at AED 10,010 per sq metre and villas at AED 7,298 per sq metre.</p>
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