The prices in real estate in Jumeirah Lake Towers, 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 Lake Towers has remained the same in the last 6 months. In April, the average price per sq.feet was AED 992. In the following month the price per sq.feet decreased to AED 872. In the following two months the price per sq.feet has barely changed, going from AED 932 to AED 973.5 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 952.75 to AED 985.5 during August y September
Based upon to the price in Jumeirah Lake Towers (cities), this has gone downing the last 6 months. The average price for April is AED 1,407,307. During May the price had a slight fall till AED 1,235,353. In the following two months the average price has remained the same with regard to the previous two months from AED 1,321,330 to AED 1,265,521.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 1,443,073 they are 21 % more affordable than the average price for Jumeirah Lake Towers. The properties with the highest average price have 4 bedrooms, Their price is 146 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 2,533,808.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of AED 881 / sq.feet, with an average AED 1,008 / sq.feet price in Jumeirah Lake Towers. The properties with the highest average prices have 4 bedrooms. They are 326 % more expensive than the average followed by properties with 3 bedrooms with a price at AED 1,230 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of AED 1,443,073 it is 45 % cheaper than the average price in Jumeirah Lake Towers. "Flat" is seen as the second most affordable property type. The dearest property type is "Penthouse" followed by "Duplex". At a price of AED 1,936,250 it is 113 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of AED 696 / sq.feet followed by "Flat" priced at AED 824 / sq.feet. "Duplex" is the most costly type of property with a AED 9,633 / sq.feet cost followed by "Penthouse" with an average price of AED 3,666 / sq.feet.