Property prices in Dubai have risen by more than 22 percent so far this year, according to the REIDIN.com Sales Price Indices.

The index, which aims to measure the average change in house prices in certain districts and communities in Dubai, showed real estate values in Dubai rose 2.44 percent in November compared to the previous month.

On an annual basis, REIDIN said prices have increased 22.4 percent.

Apartment sales prices registered an increase in November of 2.90 percent month-on-month and were up by 24.5 percent on an annual basis, the index showed.

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