The prices in real estate in Al Reef, 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 Reef has remained the same in the last 6 months. In March, the average price per sq.feet was AED 734. In April this price pretty much remained the same at a value of AED 737 per sq.feet. In the following two months the price per sq.feet has barely changed, going from AED 735.5 to AED 721 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 728.25 to AED 710.5 during July y August
Based upon to the price in Al Reef (cities), this has gone downing the last 6 months. The average price for March is AED 1,462,358. During April the price had a slight fall till AED 1,283,483. In the following two months the average price has remained the same with regard to the previous two months from AED 1,372,920.5 to AED 1,437,031.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of AED 1,404,976 and AED 1,357,483 between 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 1,363,608 they are 53 % more affordable than the average price for Al Reef. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 1,332,874.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of AED 4,125 / sq.feet, with an average AED 705 / sq.feet price in Al Reef. The properties with the highest average prices have 4 bedrooms. They are 913 % more expensive than the average followed by properties with 3 bedrooms with a price at AED 4,431 / sq.feet.
The graph displaying the average prices displays the property type "Studio" as the most affordable one. At an cost of AED 1,363,608 it is 66 % cheaper than the average price in Al Reef. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Flat". At a price of AED 907,719 it is 48 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Flat" at an average cost of AED 706 / sq.feet followed by "Studio" priced at AED 982 / sq.feet. "Apartment" is the most costly type of property with a AED 6,723 / sq.feet cost followed by "Villa" with an average price of AED 5,752 / sq.feet.