Definitions
Dubai real estate market indicators, explained
How DXBinteract defines and calculates every market measure it publishes — each with a formula, the method, its caveats and the current Dubai figure where one is published.
Which indicators does DXBinteract publish?
Off-plan to ready ratioThe split of sales between units sold before completion (off-plan) and completed (ready) units.Primary absorption rateThe share of a project's (or developer's) off-plan units that have been sold.Delivery rate (reliability)The share of projects delivered on or before their planned completion date.Sale-to-list ratioThe registered sale price as a percentage of the last asking (list) price of the same unit.Liquidity (stock turnover)The share of existing units that changed hands in the last 12 months.
Which market concepts should you understand?
Primary vs secondary marketPrimary sales are sold by the developer; secondary (resale) sales are sold by a previous owner.Off-plan resaleThe resale of an off-plan unit by its first buyer before the building is completed.Price cyclesThe rise-and-fall pattern of the city-wide median price per square foot over the years.Median vs average priceThe median is the middle sale; the average (mean) is the total value divided by the number of sales.Price per square footSale price divided by the unit's registered size in square feet.Gross rental yieldAnnual rent as a percentage of the purchase price, before costs.