The average rent price in the Dubai region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.
The price per sq.feet in Dubai has barely changed in the last 6 months. During September, the average price per sq.feet was AED 69.49. In October the price barely changed remaining at AED 67.17 per sq.feet. The price per sq.feet for the following two months barely changed going from AED 68.33 to AED 66.61 per sq.feet. In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per sq.feet of AED 67.47 to AED 65.22 during January and February.
When referring to the price in Dubai(region), there have hardly been any changes in the last 6 months. In the first month sample for September the average price is AED 89,166. During October it went through a strong rise reaching AED 107,067 In the following two months the average price has fallen 83 % compared to the previous two. During the last two months the price has gone up 107 % compared to the previous average values going from AED 89,623.5 a AED 95,732 in January y February.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 33 % cheaper than the average price in Dubai followed by those with 2 with an average price of AED 95,117. The most expensive properties have 4 bedrooms. They are 34 % more expensive than the average followed by those properties with 3 bedrooms priced at AED 110,224.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of AED 51.57 / sq.feet being AED 59.63 / sq.feet the average for Dubai. The properties with the highest average price are those with 2 bedrooms. These are 22 % more expensive than the average followed by those with 1 bedroom with a price of AED 62.49 / sq.feet.
The graph displaying the average rent price according to the property type shows "Land" as the most affordable one. With an average cost of AED 93,531 it is 40 % cheaper than the average in Dubai. This is followed by "Townhouse" with a cost of AED 69,873. The most expensive property type is "Villa" and is 135 % more costly than the average, followed by "Flat" with a cost of AED 150,178.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of AED 38.82 / sq.feet, followed by "Villa" with a price of AED 52.35 / sq.feet. "Flat" with an average price of AED 81.42 / sq.feet is the most expensive type of property followed by "Townhouse" at a price of AED 79.07 / sq.feet.