The prices in real estate in Green Community, 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 Green Community has remained the same in the last 6 months. In March, the average price per sq.feet was AED 660. In April this price pretty much remained the same at a value of AED 686 per sq.feet. The price for the following two months in (May, June) decreased 94 % 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 653.25 to AED 623.5 during July y August
Based upon to the price in Green Community (cities), these have remained the same in the last 6 months. The average price for March is AED 2,566,395. During April the price had a slight fall till AED 2,258,269. During the following two months (May, June) the price has had an average incrementation from AED 2,412,332 to AED 2,546,526.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % 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 2,867,534 they are 72 % more affordable than the average price for Green Community. The properties with the highest average price have 4 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 2,575,418.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of AED 527 / sq.feet, with an average AED 607 / sq.feet price in Green Community. The properties with the highest average prices have 4 bedrooms. They are 11 % more expensive than the average followed by properties with 3 bedrooms with a price at AED 670 / sq.feet.
The graph displaying the average prices displays the property type "Studio" as the most affordable one. At an cost of AED 2,867,534 it is 83 % cheaper than the average price in Green Community. "Apartment" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Flat". At a price of AED 2,969,052 it is 19 % 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 462 / sq.feet followed by "Apartment" priced at AED 508 / sq.feet. "Studio" is the most costly type of property with a AED 983 / sq.feet cost followed by "House" with an average price of AED 737 / sq.feet.