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 January, the average price per sq.feet was AED 858. In February this price pretty much remained the same at a value of AED 889 per sq.feet. In the following two months the price per sq.feet has barely changed, going from AED 873.5 to AED 857 per sq.feet. The price per sq.feet has increased 105 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of AED 865.25 to AED 912.5 during May, and June.
Based upon to the price in Jumeirah Village Triangle (cities), this has gone downing the last 6 months. The average price for January is AED 1,958,259. During February the price had a slight fall till AED 1,708,720. In the following two months the average price has remained the same with regard to the previous two months from AED 1,833,489.5 to AED 1,755,205. 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 1,794,347.25 and AED 1,775,958.5 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 1,603,814 they are 32 % more affordable than the average price for Jumeirah Village Triangle. The properties with the highest average price have 4 bedrooms, Their price is 85 % more costly than the average. After that we have properties with 2 bedrooms priced at AED 2,547,147.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 605 / sq.feet, with an average AED 930 / 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 1 bedroom with a price at AED 946 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of AED 1,603,814 it is 59 % cheaper than the average price in Jumeirah Village Triangle. "Apartment" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Commercial". At a price of AED 3,466,525 it is 263 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of AED 209 / sq.feet followed by "Villa" priced at AED 695 / sq.feet. "Apartment" is the most costly type of property with a AED 1,050 / sq.feet cost followed by "Commercial" with an average price of AED 918 / sq.feet.