Property prices for sale in Culture Village (Dubai)

The prices in real estate in Culture Village, in the Dubai 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

AED 3,005,118.83
Average price last 6 months
AED 1,703.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Culture Village has fallen in the last 6 months. In July, the average price per sq.feet was AED 1,830. In August this price pretty much remained the same at a value of AED 1,741 per sq.feet. The price for the following two months in (September, October) decreased 95 % with regard to the prior two months. The price per sq.feet has decreased 94 % 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 1,739 to AED 1,633 during November, and December.

Average price

Based upon to the price in Culture Village (cities), this has fallen considerably in the last 6 months. The average price for July is AED 3,569,788. During August the price had a slight fall till AED 3,307,109. During the following two months (September, October) the average price had a considerable reduction of 82 % 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 88 %, going from AED 3,131,350 to AED 2,752,656.5 in November and December.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 2,822,031 they are 45 % more affordable than the average price for Culture Village. The properties with the highest average price have 4 bedrooms, Their price is 197 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 4,463,343.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of AED 1,492 / sq.feet, with an average AED 1,653 / sq.feet price in Culture Village. The properties with the highest average prices have 4 bedrooms. They are 34 % more expensive than the average followed by properties with 3 bedrooms with a price at AED 1,969 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of AED 2,822,031 it is 5 % cheaper than the average price in Culture Village. "Penthouse" is seen as the second most affordable property type. The dearest property type is "Penthouse" followed by "Apartment". At a price of AED 2,675,101 it is 393 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of AED 1,615 / sq.feet followed by "Penthouse" priced at AED 2,740 / sq.feet. "Penthouse" is the most costly type of property with a AED 2,740 / sq.feet cost followed by "Apartment" with an average price of AED 1,615 / sq.feet.

Charts data
Average price December
Average price per sq.feet December
Number of properties used in Culture Village
Number of properties used in region Dubai
AED 2,822,031
AED 1,653
1,990
1,113,920
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value