The prices in real estate in Dubai Investment Park, 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 Dubai Investment Park has increased during the last 6 months. In March, the average price per sq.feet was AED 681. In the following month the price per sq.feet increased to AED 717. In the following two months the price per sq.feet has increased 106 %, going from AED 699 to AED 738 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 718.5 to AED 730.5 during July y August
Based upon to the price in Dubai Investment Park (cities), this has gone downing the last 6 months. The average price for March is AED 2,012,109. During April the price had a slight fall till AED 1,801,126. During the following two months (May, June) the price has had an average incrementation from AED 1,906,617.5 to AED 2,004,834. 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 1,955,725.75 to AED 1,826,992.5 in 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 2,057,954 they are 65 % more affordable than the average price for Dubai Investment Park. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 1,604,172.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of AED 683 / sq.feet, with an average AED 749 / sq.feet price in Dubai Investment Park. The properties with the highest average prices have 1 bedroom. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 731 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of AED 2,057,954 it is 70 % cheaper than the average price in Dubai Investment Park. "Flat" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Warehouse". At a price of AED 7,402,746 it is 405 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Warehouse" at an average cost of AED 254 / sq.feet followed by "Office" priced at AED 374 / sq.feet. "Building" is the most costly type of property with a AED 4,129 / sq.feet cost followed by "Commercial" with an average price of AED 811 / sq.feet.