The prices in real estate in Al Barari, in the Dubai region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Al Barari has increased during the last 6 months. In September, the average price per sq.feet was AED 1,326. In October this price pretty much remained the same at a value of AED 1,360 per sq.feet. In the following two months the price per sq.feet has barely changed, going from AED 1,343 to AED 1,393.5 per sq.feet. The price per sq.feet has increased 108 % 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 1,368.25 to AED 1,483.5 during January, and February.
Based upon to the price in Al Barari (cities), these have remained the same in the last 6 months. The average price for September is AED 11,279,058. During October the price had a slight fall till AED 10,466,454. In the following two months the average price has remained the same with regard to the previous two months from AED 10,872,756 to AED 10,528,584. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 12,529,544 they are 78 % more affordable than the average price for Al Barari. The properties with the lowest average price have 3 bedrooms, Their price is 36 % cheaper than the average. After that we have properties with 4 bedrooms priced at AED 6,313,487.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 1,256 / sq.feet, with an average AED 1,523 / sq.feet price in Al Barari. The properties with the highest average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 1,722 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of AED 12,529,544 it is 58 % cheaper than the average price in Al Barari. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of AED 15,086,957 it is 47 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of AED 711 / sq.feet followed by "Townhouse" priced at AED 1,178 / sq.feet. "Apartment" is the most costly type of property with a AED 1,725 / sq.feet cost followed by "House" with an average price of AED 1,610 / sq.feet.