The UAE’s two key property markets continued to decline in April, with residential prices in Dubai now down 7.5% compared to last year, according to a new report.

The property information service Reidin said on Tuesday that Dubai apartment prices fell 0.75% in April 2016, marking a 7.3% annual decline. Villa sales prices increased 0.4% month-on-month but are still down 8.2% compared to last year.

The overall sales market dipped 0.53% in April, with prices now 7.5% lower than in 2015, Reidin said. Rental prices edged up by 0.05%, but are still 4.2% lower than last year.

In Abu Dhabi, residential sales prices dipped by 0.71% in April, although prices are still 1.3% higher than the same time last year. Rents in the UAE capital fell by 0.12% in April, and are 0.4% lower than last year, Reidin said.