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 December, the average price per sq.feet was AED 909. In the following month the price per sq.feet decreased to AED 863. In the following two months the price per sq.feet has barely changed, going from AED 886 to AED 886 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 886 to AED 857.5 during April y May
Based upon to the price in Al Furjan (cities), this has gone up in the last 6 months. The price in December is AED 1,614,768, rising in January till AED 1,808,317. In the following two months the average price has remained the same with regard to the previous two months from AED 1,711,542.5 to AED 1,694,223.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % 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 1,837,122 they are 55 % more affordable than the average price for Al Furjan. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 2,511,275.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 578 / sq.feet, with an average AED 844 / sq.feet price in Al Furjan. The properties with the highest average prices have 3 bedrooms. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 956 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of AED 1,837,122 it is 54 % cheaper than the average price in Al Furjan. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Villa". At a price of AED 2,475,618 it is 65 % 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 268 / sq.feet followed by "Commercial" priced at AED 441 / sq.feet. "Apartment" is the most costly type of property with a AED 943 / sq.feet cost followed by "Flat" with an average price of AED 827 / sq.feet.