Property prices for sale in Green Community (Dubai)
The prices in real estate in Green Community, in the Dubai region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Green Community has increased strongly during the last 6 months. In September, the average price per sq.feet was AED 2,234. In October this price pretty much remained the same at a value of AED 2,316 per sq.feet. The price for the following two months in (November, December) had a considerable increment of 117 %. The price per sq.feet has had a considerable increase of 133 % 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 2,471 to AED 3,286 during January, and February.
Based upon to the price in Green Community (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is AED 3,087,368. In October This price remains at AED 2,935,081. During the following two months (November, December) the average price fell 90 % 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 87 %, going from AED 2,868,070.75 to AED 2,493,750 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 2,774,812 they are 65 % more affordable than the average price for Green Community. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 2,636,245.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 2,749 / sq.feet, with an average AED 2,935 / sq.feet price in Green Community. The properties with the highest average prices have 2 bedrooms. They are 31 % more expensive than the average followed by properties with 3 bedrooms with a price at AED 3,477 / sq.feet.
The graph displaying the average prices displays the property type "Bungalow" as the most affordable one. At an cost of AED 2,774,812 it is 57 % 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 "Townhouse". At a price of AED 2,381,898 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Bungalow" at an average cost of AED 541 / sq.feet followed by "Apartment" priced at AED 3,632 / sq.feet. "Villa" is the most costly type of property with a AED 5,882 / sq.feet cost followed by "Townhouse" with an average price of AED 4,009 / sq.feet.
