The prices in real estate in Dubai hills estate, 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 hills estate has remained the same in the last 6 months. In January, the average price per sq.feet was AED 1,109. In February this price pretty much remained the same at a value of AED 1,157 per sq.feet. The price for the following two months in (March, April) decreased 95 % with regard to the prior two months. 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 1,102 to AED 1,090 during May y June
Based upon to the price in Dubai hills estate (cities), this has gone downing the last 6 months. The average price for January is AED 3,636,185. During February the price had a slight fall till AED 3,278,445. During the following two months (March, April) the price has had an average incrementation from AED 3,457,315 to AED 3,874,873.5. During the last two months the average price has had a strong fall compared to the previous four going from AED 3,666,094.25 to AED 3,021,477, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 3,158,360 they are 72 % more affordable than the average price for Dubai hills estate. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 2,442,159.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of AED 998 / sq.feet, with an average AED 1,079 / sq.feet price in Dubai hills estate. The properties with the highest average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 1,290 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of AED 3,158,360 it is 55 % cheaper than the average price in Dubai hills estate. "Apartment" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Commercial". At a price of AED 5,161,723 it is 85 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of AED 400 / sq.feet followed by "Land" priced at AED 459 / sq.feet. "Apartment" is the most costly type of property with a AED 1,309 / sq.feet cost followed by "Flat" with an average price of AED 1,224 / sq.feet.