The prices in real estate in Dubai Land, in the Dubai 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 Dubai Land has remained the same in the last 6 months. In December, the average price per sq.feet was AED 831. In the following month the price per sq.feet decreased to AED 788. In the following two months the price per sq.feet has barely changed, going from AED 809.5 to AED 846 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 827.75 to AED 867 during April y May
Based upon to the price in Dubai Land (cities), this has gone up in the last 6 months. The average price for December is AED 2,215,484. During January the price had a slight fall till AED 2,080,233. In the following two months the average price has remained the same with regard to the previous two months from AED 2,147,858.5 to AED 2,247,677.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 2,397,472 they are 68 % more affordable than the average price for Dubai Land. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 2,130,083.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of AED 674 / sq.feet, with an average AED 857 / sq.feet price in Dubai Land. The properties with the highest average prices have 4 bedrooms. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 840 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of AED 2,397,472 it is 76 % cheaper than the average price in Dubai Land. "Apartment" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Commercial". At a price of AED 5,393,880 it is 175 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of AED 288 / sq.feet followed by "Townhouse" priced at AED 706 / sq.feet. "Flat" is the most costly type of property with a AED 1,114 / sq.feet cost followed by "Commercial" with an average price of AED 880 / sq.feet.