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 June, the average price per sq.feet was AED 1,219. In the following month the price per sq.feet increased to AED 1,344. In the following two months the price per sq.feet has barely changed, going from AED 1,281.5 to AED 1,296 per sq.feet. The price per sq.feet has decreased 93 % 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 1,288.75 to AED 1,197 during October, and November.
Based upon to the price in Jumeirah Village Triangle (cities), this has gone downing the last 6 months. The average price for June is AED 1,224,101. During July the price had a slight fall till AED 1,042,724. In the following two months the average price has remained the same with regard to the previous two months from AED 1,133,412.5 to AED 1,087,296. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from AED 1,110,354.25 to AED 1,009,123 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 1,045,681 they are 9 % more affordable than the average price for Jumeirah Village Triangle. The properties with the highest average price have 4 bedrooms, Their price is 272 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 2,570,589.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 1,093 / sq.feet, with an average AED 1,181 / sq.feet price in Jumeirah Village Triangle. The properties with the highest average prices have 1 bedroom. They are 1 % more expensive than the average followed by properties with 3 bedrooms with a price at AED 1,168 / sq.feet.
The graph displaying the average prices displays the property type "Studio" as the most affordable one. At an cost of AED 1,045,681 it is 41 % 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 3,944,381 it is 2267 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of AED 1,094 / sq.feet followed by "Land" priced at AED 1,106 / sq.feet. "Studio" is the most costly type of property with a AED 1,502 / sq.feet cost followed by "Villa" with an average price of AED 1,141 / sq.feet.