The prices in real estate in Bluewaters, in the Dubai region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Bluewaters has increased during the last 6 months. In July, the average price per sq.feet was AED 21,527. In the following month the price per sq.feet increased to AED 23,036. In the following two months the price per sq.feet has increased 107 %, going from AED 22,281.5 to AED 23,730 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 23,005.75 to AED 23,671 during November y December
Based upon to the price in Bluewaters (cities), this has gone downing the last 6 months. The average price for July is AED 4,499,471. During August the price had a slight fall till AED 3,979,368. During the following two months (September, October) the price has had an average incrementation from AED 4,239,419.5 to AED 4,496,381.5. 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 4,367,900.5 and AED 4,160,323.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 4,181,708 they are 41 % more affordable than the average price for Bluewaters. The properties with the highest average price have 4 bedrooms, Their price is 105 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 4,764,678.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of AED 22,672 / sq.feet, with an average AED 23,884 / sq.feet price in Bluewaters. The properties with the highest average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 4 bedrooms with a price at AED 24,917 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of AED 4,181,708 it is 7 % cheaper than the average price in Bluewaters. "Flat" is seen as the second most affordable property type. The dearest property type is "Penthouse" followed by "Townhouse". At a price of AED 14,292,222 it is 462 % 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 2,294 / sq.feet followed by "Townhouse" priced at AED 23,881 / sq.feet. "Penthouse" is the most costly type of property with a AED 27,257 / sq.feet cost followed by "Apartment" with an average price of AED 23,944 / sq.feet.