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 September, the average price per sq.feet was AED 1,008. In October this price pretty much remained the same at a value of AED 969 per sq.feet. In the following two months the price per sq.feet has barely changed, going from AED 988.5 to AED 976 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 982.25 to AED 954.5 during January y February
Based upon to the price in Jumeirah Village Triangle (cities), this has gone up in the last 6 months. The average price during our first sample month during September, is AED 1,467,667. During October the price went through a considerable rise reaching AED 1,746,754. In the following two months the average price has remained the same with regard to the previous two months from AED 1,607,210.5 to AED 1,573,745. 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 1,590,477.75 and AED 1,520,377.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 1,606,670 they are 36 % more affordable than the average price for Jumeirah Village Triangle. The properties with the highest average price have 4 bedrooms, Their price is 104 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 2,566,815.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 916 / sq.feet, with an average AED 960 / sq.feet price in Jumeirah Village Triangle. The properties with the highest average prices have 2 bedrooms. They are 4 % more expensive than the average followed by properties with 3 bedrooms with a price at AED 979 / sq.feet.
The graph displaying the average prices displays the property type "Studio" as the most affordable one. At an cost of AED 1,606,670 it is 70 % 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 "Residential Plot". At a price of AED 7,624,333 it is 773 % 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 485 / sq.feet followed by "Residential Plot" priced at AED 634 / sq.feet. "Studio" is the most costly type of property with a AED 1,099 / sq.feet cost followed by "Villa" with an average price of AED 1,073 / sq.feet.