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 July, the average price per sq.feet was AED 957. In the following month the price per sq.feet decreased to AED 900. In the following two months the price per sq.feet has barely changed, going from AED 928.5 to AED 948.5 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 938.5 to AED 898.5 during November y December
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 July, the average price is AED 1,788,993. In August This price remains at AED 1,840,446. During the following two months (September, October) the price has had an average incrementation from AED 1,814,719.5 to AED 1,965,033. 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 1,889,876.25 to AED 1,736,148.5 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 1,677,391 they are 39 % more affordable than the average price for Jumeirah Village Triangle. The properties with the highest average price have 4 bedrooms, Their price is 110 % more costly than the average. After that we have properties with 2 bedrooms priced at AED 2,478,450.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 697 / sq.feet, with an average AED 901 / sq.feet price in Jumeirah Village Triangle. The properties with the highest average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 941 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of AED 1,677,391 it is 57 % 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 "Commercial". At a price of AED 3,024,021 it is 584 % 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 160 / sq.feet followed by "Townhouse" priced at AED 595 / sq.feet. "Apartment" is the most costly type of property with a AED 988 / sq.feet cost followed by "Villa" with an average price of AED 800 / sq.feet.