The prices in real estate in Jumeirah Golf Estates, 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 Jumeirah Golf Estates has remained the same in the last 6 months. In July, the average price per sq.feet was AED 1,354. In August this price pretty much remained the same at a value of AED 1,373 per sq.feet. In the following two months the price per sq.feet has barely changed, going from AED 1,363.5 to AED 1,380 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 1,371.75 to AED 1,361.5 during November y December
Based upon to the price in Jumeirah Golf Estates (cities), this has gone downing the last 6 months. The average price for July is AED 8,680,750. During August the price had a slight fall till AED 8,004,499. In the following two months the average price has remained the same with regard to the previous two months from AED 8,342,624.5 to AED 8,196,335.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from AED 8,269,480 to AED 7,613,276.5 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 7,084,174 they are 90 % more affordable than the average price for Jumeirah Golf Estates. The properties with the lowest average price have 4 bedrooms, Their price is 25 % cheaper than the average. After that we have properties with 3 bedrooms priced at AED 4,379,930.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of AED 853 / sq.feet, with an average AED 1,358 / sq.feet price in Jumeirah Golf Estates. The properties with the highest average prices have 4 bedrooms. They are 288 % more expensive than the average followed by properties with 3 bedrooms with a price at AED 2,144 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of AED 7,084,174 it is 82 % cheaper than the average price in Jumeirah Golf Estates. "Apartment" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Land". At a price of AED 3,766,333 it is 10 % 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 834 / sq.feet followed by "Apartment" priced at AED 892 / sq.feet. "Villa" is the most costly type of property with a AED 10,099 / sq.feet cost followed by "Townhouse" with an average price of AED 7,238 / sq.feet.