The prices in real estate in Al Khan, in the Sharjah 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 Khan has remained the same in the last 6 months. In March, the average price per sq.feet was AED 486. In April this price pretty much remained the same at a value of AED 484 per sq.feet. The price for the following two months in (May, June) decreased 88 % with regard to the prior two months. The price per sq.feet has increased 115 % 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 455 to AED 522.5 during July, and August.
Based upon to the price in Al Khan (cities), this has gone downing the last 6 months. The average price for March is AED 947,176. During April the price had a slight fall till AED 865,959. In the following two months the average price has remained the same with regard to the previous two months from AED 906,567.5 to AED 900,784. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from AED 903,675.75 to AED 784,262.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 771,473 they are 47 % more affordable than the average price for Al Khan. The properties with the highest average price have 4 bedrooms, Their price is 140 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 1,000,563.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of AED 398 / sq.feet, with an average AED 525 / sq.feet price in Al Khan. The properties with the highest average prices have 1 bedroom. They are 85 % more expensive than the average followed by properties with 4 bedrooms with a price at AED 524 / sq.feet.
With regard to the average price based upon the property in Al Khan we can see that the cheapest property type is "Apartment" at a price of AED 760,902, they are 1 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 1 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of AED 525 / sq.feet. "Apartment" with an average cost of AED 525 / sq.feet has the lowest price and would be directed at less affluent cities.