The prices in real estate in Al Furjan, in the Dubai region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Al Furjan has remained the same in the last 6 months. In November, the average price per sq.feet was AED 895. In December this price pretty much remained the same at a value of AED 897 per sq.feet. In the following two months the price per sq.feet has barely changed, going from AED 896 to AED 885.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of AED 890.75 to AED 865.5 during March y April
Based upon to the price in Al Furjan (cities), this has gone downing the last 6 months. The average price for November is AED 2,161,769. During December the price had a slight fall till AED 2,034,735. During the following two months (January, February) the average price had a considerable reduction of 81 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of AED 1,899,243.25 and AED 1,896,718 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 2,005,571 they are 59 % more affordable than the average price for Al Furjan. The properties with the highest average price have 4 bedrooms, Their price is 76 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 2,575,007.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of AED 1,001 / sq.feet, with an average AED 928 / sq.feet price in Al Furjan. The properties with the highest average prices have 4 bedrooms. They are 323 % more expensive than the average followed by properties with 1 bedroom with a price at AED 2,032 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of AED 2,005,571 it is 65 % cheaper than the average price in Al Furjan. "Commercial" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Land". At a price of AED 2,820,812 it is 69 % 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 274 / sq.feet followed by "Apartment" priced at AED 949 / sq.feet. "Townhouse" is the most costly type of property with a AED 7,494 / sq.feet cost followed by "Villa" with an average price of AED 6,339 / sq.feet.