The prices in real estate in Al Raha Beach, in the Abu Dhabi 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 Raha Beach has remained the same in the last 6 months. In March, the average price per sq.feet was AED 1,328. In April this price pretty much remained the same at a value of AED 1,295 per sq.feet. In the following two months the price per sq.feet has barely changed, going from AED 1,311.5 to AED 1,323 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 1,317.25 to AED 1,337 during July y August
Based upon to the price in Al Raha Beach (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is AED 2,228,500. In April This price remains at AED 2,158,519. During the following two months (May, June) the average price fell 95 % 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 gone up 107 % 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 2,461,264 they are 38 % more affordable than the average price for Al Raha Beach. The properties with the highest average price have 4 bedrooms, Their price is 48 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 2,535,004.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of AED 7,340 / sq.feet, with an average AED 1,401 / sq.feet price in Al Raha Beach. The properties with the highest average prices have 3 bedrooms. They are 608 % more expensive than the average followed by properties with 4 bedrooms with a price at AED 9,045 / sq.feet.
The graph displaying the average prices displays the property type "Penthouse" as the most affordable one. At an cost of AED 2,461,264 it is 58 % cheaper than the average price in Al Raha Beach. "Flat" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Townhouse". At a price of AED 4,161,111 it is 202 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Flat" at an average cost of AED 1,201 / sq.feet followed by "Penthouse" priced at AED 1,787 / sq.feet. "Villa" is the most costly type of property with a AED 9,544 / sq.feet cost followed by "Townhouse" with an average price of AED 9,218 / sq.feet.