The rent prices in real estate in The Views, in the Dubai region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in The Views has risen during the last 6 months. In April, the average price per sq.feet was AED 78.29. In the following month the price per sq.feet fell to AED 73.33. The price for the following two months in (June, July) had a considerable rise of 117 %. The price per sq.feet has had a considerable rise of 118 % 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 82.43 to AED 97.24 during August, and September.
When referring to the price in The Views (cities), this has risen considerably in the last 6 months. In our first sample month during April, the average price is AED 75,410. In May This price remains at AED 77,667. During the following two months (June, July) the average price had a considerable rise of 124 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 121 % 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 104,000 they are 21 % more affordable than the average price for The Views . The properties with the highest average price have 3 bedrooms, Their price is 62 % more expensive than the average. After that we have properties with 2 bedrooms priced at AED 138,646.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of AED 36 / sq.feet, with an average AED 98.87 / sq.feet price in The Views. The properties with the most expensive average prices have 2 bedrooms. They are 2 % more expensive than the average followed by properties with 1 bedroom with a price at AED 98.24 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of AED 104,000 it is 24 % more affordable than the average price in The Views. "Villa" is seen as the second most affordable property type. The most affordable property is "Flat" followed by "Villa". At a price of AED 90,255 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of AED 49 / sq.feet followed by "Villa" priced at AED 64 / sq.feet. "Flat" is the most affordable type of property with a AED 65 / sq.feet value followed by "Villa" with an average price of AED 64 / sq.feet.