The prices in real estate in Al ghadeer, in the Abu Dhabi region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Al ghadeer has fallen in the last 6 months. In April, the average price per sq.feet was AED 867. In the following month the price per sq.feet decreased to AED 810. In the following two months the price per sq.feet has barely changed, going from AED 838.5 to AED 815 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 826.75 to AED 816 during August y September
Based upon to the price in Al ghadeer (cities), these have remained the same in the last 6 months. The price in April is AED 875,390, rising in May till AED 942,519. During the following two months (June, July) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from AED 878,872.25 to AED 821,253.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 815,981 they are 30 % more affordable than the average price for Al ghadeer. The properties with the highest average price have 4 bedrooms, Their price is 108 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 1,259,580.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 737 / sq.feet, with an average AED 797 / sq.feet price in Al ghadeer. The properties with the highest average prices have 1 bedroom. They are 12 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 791 / sq.feet.
The graph displaying the average prices displays the property type "Studio" as the most affordable one. At an cost of AED 815,981 it is 48 % cheaper than the average price in Al ghadeer. "Flat" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Townhouse". At a price of AED 1,199,953 it is 58 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of AED 794 / sq.feet followed by "Townhouse" priced at AED 800 / sq.feet. "Studio" is the most costly type of property with a AED 837 / sq.feet cost followed by "Flat" with an average price of AED 835 / sq.feet.