The prices in real estate in Jumeirah Village Triangle, 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 Triangle has remained the same in the last 6 months. In March, the average price per sq.feet was AED 874. In April this price pretty much remained the same at a value of AED 840 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from AED 857 to AED 912.5 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 884.75 to AED 928.5 during July y August
Based upon to the price in Jumeirah Village Triangle (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is AED 1,753,193. In April This price remains at AED 1,757,217. In the following two months the average price has remained the same with regard to the previous two months from AED 1,755,205 to AED 1,775,958.5. 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 1,765,581.75 and AED 1,814,719.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 1,840,446 they are 37 % more affordable than the average price for Jumeirah Village Triangle. The properties with the highest average price have 4 bedrooms, Their price is 68 % more costly than the average. After that we have properties with 2 bedrooms priced at AED 2,623,593.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 629 / sq.feet, with an average AED 900 / sq.feet price in Jumeirah Village Triangle. The properties with the highest average prices have 2 bedrooms. They are 7 % more expensive than the average followed by properties with 1 bedroom with a price at AED 911 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of AED 1,840,446 it is 63 % cheaper than the average price in Jumeirah Village Triangle. "Apartment" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Villa". At a price of AED 2,458,111 it is 215 % 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 202 / sq.feet followed by "Townhouse" priced at AED 652 / sq.feet. "Apartment" is the most costly type of property with a AED 1,039 / sq.feet cost followed by "Commercial" with an average price of AED 995 / sq.feet.