The rent prices in real estate in Bluewaters, in the Dubai region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Bluewaters has barely changed in the last 6 months. In August, the average price per sq.feet was AED 1,309.23. In September this price barely changed remaining at AED 1,316.08 per sq.feet. The price for the following two months in (October, November) fell 90 % with regard to the previous two months. The price per sq.feet has risen 112 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of AED 1,245.07 to AED 1,390.66 during December, and January.
When referring to the price in Bluewaters (cities), there have hardly been any changes in the last 6 months. In our first sample month during August, the average price is AED 216,512. In September This price remains at AED 221,178. In the following two months the average price has hardly changed with regard to the previous two months from AED 218,845 to AED 210,192.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of AED 214,518.75 and AED 220,351 between December and January.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of AED 223,836 they are 33 % more affordable than the average price for Bluewaters . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at AED 265,000.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of AED 1,259.94 / sq.feet, with an average AED 1,403.2 / sq.feet price in Bluewaters. The properties with the most expensive average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 4 bedrooms with a price at AED 1,377.07 / sq.feet.
The graph displaying the average rent prices displays the property type "Flat" as the most affordable one. At an cost of AED 223,836 it is 64 % more affordable than the average price in Bluewaters. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "Flat". At a price of AED 80,600 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Flat" at an average price of AED 40.31 / sq.feet followed by "Apartment" priced at AED 1,481.64 / sq.feet. "Apartment" is the most expensive type of property with a AED 1,481.64 / sq.feet value followed by "Flat" with an average price of AED 40.31 / sq.feet.