Property prices for sale in Jumeirah Area (Dubai)

The prices in real estate in Jumeirah Area, 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.

AED 3,527,310
Average price last 6 months
AED 1,804.2
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Jumeirah Area has increased strongly during the last 6 months. In January, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to AED 1,730. The price for the following two months in (March, April) had a considerable increment of 211 %. The price per sq.feet has had a considerable increase of 135 % 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 1,346.75 to AED 1,817 during May, and June.

Average price

Based upon to the price in Jumeirah Area (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is . During February the price went through a considerable rise reaching AED 3,290,852. During the following two months (March, April) the average price had a considerable increase of 203 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 154 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 3,891,300 they are 60 % more affordable than the average price for Jumeirah Area. The properties with the highest average price have 4 bedrooms, Their price is 78 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 4,376,815.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of AED 1,733 / sq.feet, with an average AED 1,784 / sq.feet price in Jumeirah Area. The properties with the highest average prices have 2 bedrooms. They are 12 % more expensive than the average followed by properties with 4 bedrooms with a price at AED 1,809 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of AED 3,891,300 it is 33 % cheaper than the average price in Jumeirah Area. "Flat" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Penthouse". At a price of AED 10,846,733 it is 410 % 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 1,115 / sq.feet followed by "Townhouse" priced at AED 1,256 / sq.feet. "Flat" is the most costly type of property with a AED 2,529 / sq.feet cost followed by "Penthouse" with an average price of AED 1,963 / sq.feet.

Charts data
Average price June
Average price per sq.feet June
Number of properties used in Jumeirah Area
Number of properties used in region Dubai
AED 3,891,300
AED 1,784
9,422
834,354
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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