Property prices for sale in Al Hamra Village (Ras al-Khaimah)

The prices in real estate in Al Hamra Village, in the Ras al-Khaimah region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

AED 713,426
Average price last 6 months
AED 540.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Al Hamra Village has remained the same in the last 6 months. In January, the average price per sq.feet was AED 522. In February this price pretty much remained the same at a value of AED 516 per sq.feet. In the following two months the price per sq.feet has barely changed, going from AED 519 to AED 521 per sq.feet. The price per sq.feet has increased 112 % 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 520 to AED 581.5 during May, and June.

Average price

Based upon to the price in Al Hamra Village (cities), this has gone up considerably in the last 6 months. The price in January is AED 618,055, rising in February till AED 653,400. In the following two months the average price has remained the same with regard to the previous two months from AED 635,727.5 to AED 664,537. Based on an analysis of the first four prices and the last two months the average price has risen strongly 129 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 973,796 they are 49 % more affordable than the average price for Al Hamra Village. The properties with the highest average price have 4 bedrooms, Their price is 289 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 1,402,283.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of AED 562 / sq.feet, with an average AED 636 / sq.feet price in Al Hamra Village. The properties with the highest average prices have 4 bedrooms. They are 49 % more expensive than the average followed by properties with 3 bedrooms with a price at AED 624 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of AED 973,796 it is 48 % cheaper than the average price in Al Hamra Village. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Townhouse". At a price of AED 1,285,658 it is 487 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of AED 586 / sq.feet followed by "Townhouse" priced at AED 600 / sq.feet. "Villa" is the most costly type of property with a AED 1,127 / sq.feet cost followed by "Townhouse" with an average price of AED 600 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Al Hamra Village
Number of properties used in region Ras al-Khaimah
AED 973,796
AED 636
364
8,574
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other cities in region Ras al-Khaimah