The prices in real estate in Greens, 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 Greens has increased during the last 6 months. In September, the average price per sq.feet was AED 1,428. In the following month the price per sq.feet increased to AED 1,575. In the following two months the price per sq.feet has barely changed, going from AED 1,501.5 to AED 1,572.5 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 1,537 to AED 1,485.5 during January y February
Based upon to the price in Greens (cities), this has gone up in the last 6 months. The price in September is AED 1,751,588, rising in October till AED 1,867,435. In the following two months the average price has remained the same with regard to the previous two months from AED 1,809,511.5 to AED 1,819,919. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of AED 1,814,715.25 and AED 1,873,769 between 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 1,890,850 they are 24 % more affordable than the average price for Greens. The properties with the highest average price have 4 bedrooms, Their price is 53 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 2,711,618.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 1,239 / sq.feet, with an average AED 1,504 / sq.feet price in Greens. The properties with the highest average prices have 3 bedrooms. They are 35 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 1,625 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of AED 1,890,850 it is 52 % cheaper than the average price in Greens. "Apartment" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Villa". At a price of AED 2,977,714 it is 70 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of AED 437 / sq.feet followed by "Townhouse" priced at AED 664 / sq.feet. "Apartment" is the most costly type of property with a AED 1,538 / sq.feet cost followed by "Office" with an average price of AED 1,150 / sq.feet.