Property prices for sale in Al Jaddaf (Dubai)
The prices in real estate in Al Jaddaf, 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 Jaddaf has remained the same in the last 6 months. In September, the average price per sq.feet was AED 1,227. In October this price pretty much remained the same at a value of AED 1,277 per sq.feet. The price for the following two months in (November, December) decreased 94 % with regard to the prior two months. 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 1,212 to AED 1,308 during January, and February.
Based upon to the price in Al Jaddaf (cities), this has gone up considerably in the last 6 months. In our first sample month during September, the average price is AED 1,026,351. In October This price remains at AED 1,041,478. During the following two months (November, December) the price has had an average incrementation from AED 1,033,914.5 to AED 1,104,461. Based on an analysis of the first four prices and the last two months the average price has risen strongly 135 % 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 1,525,694 they are 33 % more affordable than the average price for Al Jaddaf. The properties with the highest average price have 4 bedrooms, Their price is 1604 % more costly than the average. After that we have properties with 2 bedrooms priced at AED 1,751,101.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of AED 998 / sq.feet, with an average AED 1,411 / sq.feet price in Al Jaddaf. The properties with the highest average prices have 4 bedrooms. They are 163 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 1,475 / sq.feet.
The graph displaying the average prices displays the property type "Studio" as the most affordable one. At an cost of AED 1,525,694 it is 52 % cheaper than the average price in Al Jaddaf. "Apartment" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Penthouse". At a price of AED 28,173,333 it is 2151 % 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 1,065 / sq.feet followed by "Apartment" priced at AED 1,404 / sq.feet. "Penthouse" is the most costly type of property with a AED 2,639 / sq.feet cost followed by "Studio" with an average price of AED 1,852 / sq.feet.
