The prices in real estate in Jumeirah Village Circle, 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 Village Circle has remained the same in the last 6 months. In February, the average price per sq.feet was AED 828. In March this price pretty much remained the same at a value of AED 853 per sq.feet. In the following two months the price per sq.feet has barely changed, going from AED 840.5 to AED 837 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 838.75 to AED 869 during June y July
Based upon to the price in Jumeirah Village Circle (cities), this has gone downing the last 6 months. The average price for February is AED 956,313. During March the price had a slight fall till AED 885,547. In the following two months the average price has remained the same with regard to the previous two months from AED 920,930 to AED 889,760.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from AED 905,345.25 to AED 855,967 in June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 914,239 they are 30 % more affordable than the average price for Jumeirah Village Circle. The properties with the highest average price have 4 bedrooms, Their price is 130 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 1,691,098.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 618 / sq.feet, with an average AED 851 / sq.feet price in Jumeirah Village Circle. The properties with the highest average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 839 / sq.feet.
The graph displaying the average prices displays the property type "Studio" as the most affordable one. At an cost of AED 914,239 it is 54 % cheaper than the average price in Jumeirah Village Circle. "Flat" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Villa". At a price of AED 2,061,219 it is 952 % 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 180 / sq.feet followed by "Townhouse" priced at AED 617 / sq.feet. "Studio" is the most costly type of property with a AED 942 / sq.feet cost followed by "Apartment" with an average price of AED 882 / sq.feet.