The prices in real estate in Al Khan, in the Sharjah region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Al Khan has increased strongly during the last 6 months. In December, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to . The price for the following two months in (February, March) had a considerable increment of 2147483647 %. The price per sq.feet has had a considerable increase of 190 % 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 242.75 to AED 461.5 during April, and May.
Based upon to the price in Al Khan (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during December, is . During January the price went through a considerable rise reaching . During the following two months (February, March) the average price had a considerable increase of 2147483647 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 189 % 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 927,818 they are 48 % more affordable than the average price for Al Khan. The properties with the highest average price have 4 bedrooms, Their price is 110 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 1,196,454.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of AED 448 / sq.feet, with an average AED 439 / sq.feet price in Al Khan. The properties with the highest average prices have 1 bedroom. They are 31 % more expensive than the average followed by properties with 3 bedrooms with a price at AED 508 / 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 850,065, they are 8 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 8 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Apartment with an average price of AED 481 / sq.feet. "Apartment" at an average price of AED 481 / sq.feet has the most expensive price and would be directed at more affluent cities.