Property prices for sale in Al Barsha (Dubai)
The prices in real estate in Al Barsha, 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 Barsha has increased during the last 6 months. In June, the average price per sq.feet was AED 1,179. In July this price pretty much remained the same at a value of AED 1,171 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from AED 1,175 to AED 1,239.5 per sq.feet. The price per sq.feet has increased 106 % 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 1,207.25 to AED 1,274.5 during October, and November.
Based upon to the price in Al Barsha (cities), this has gone downing the last 6 months. The average price during our first sample month during June, is AED 2,857,689. During July the price went through a considerable rise reaching AED 3,334,745. During the following two months (August, September) the average price had a considerable reduction of 79 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from AED 2,768,232.5 to AED 2,486,399 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 2,803,480 they are 62 % more affordable than the average price for Al Barsha. The properties with the highest average price have 4 bedrooms, Their price is 97 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 4,021,575.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of AED 1,436 / sq.feet, with an average AED 1,301 / sq.feet price in Al Barsha. The properties with the highest average prices have 2 bedrooms. They are 519 % more expensive than the average followed by properties with 1 bedroom with a price at AED 4,472 / sq.feet.
The graph displaying the average prices displays the property type "Studio" as the most affordable one. At an cost of AED 2,803,480 it is 80 % cheaper than the average price in Al Barsha. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Land". At a price of AED 9,387,722 it is 245 % 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 485 / sq.feet followed by "Villa" priced at AED 1,248 / sq.feet. "Apartment" is the most costly type of property with a AED 5,231 / sq.feet cost followed by "Office" with an average price of AED 1,841 / sq.feet.
