The rent prices in real estate in Jumeirah Golf Estates, 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 Jumeirah Golf Estates has barely changed in the last 6 months. In August, the average price per sq.feet was AED 150.22. In the following month the price per sq.feet fell considerably to AED 105.21. The price for the following two months in (October, November) had a considerable rise of 162 %. The price per sq.feet has had a considerable fall of 60 % 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 167.25 to AED 100.75 during December, and January.
When referring to the price in Jumeirah Golf Estates (cities), this has risen in the last 6 months. In our first sample month during August, the average price is AED 334,174. In September This price remains at AED 348,436. In the following two months the average price has hardly changed with regard to the previous two months from AED 341,305 to AED 352,026.5. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.
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 374,202 they are 89 % more affordable than the average price for Jumeirah Golf Estates . The properties with the lowest average price have 4 bedrooms, Their price is 28 % more affordable than the average. After that we have properties with 3 bedrooms priced at AED 208,124.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of AED 50 / sq.feet, with an average AED 83.35 / sq.feet price in Jumeirah Golf Estates. The properties with the most expensive average prices have 4 bedrooms. They are 419 % more expensive than the average followed by properties with 3 bedrooms with a price at AED 326 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of AED 374,202 it is 83 % more affordable than the average price in Jumeirah Golf Estates. "Flat" is seen as the second most affordable property type. The most affordable property is "Villa" followed by "Apartment". At a price of AED 171,045 it is 5 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of AED 50 / sq.feet followed by "House" priced at AED 52 / sq.feet. "Flat" is the most expensive type of property with a AED 655 / sq.feet value followed by "Villa" with an average price of AED 148 / sq.feet.