The prices in real estate in Rams, in the Ras al-Khaimah 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 Rams has remained the same in the last 6 months. In March, the average price per sq.feet was AED 539. In April this price pretty much remained the same at a value of AED 547 per sq.feet. In the following two months the price per sq.feet has barely changed, going from AED 543 to AED 527 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 535 to AED 561.5 during July y August
Based upon to the price in Rams (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is AED 802,405. In April This price remains at AED 808,611. In the following two months the average price has remained the same with regard to the previous two months from AED 805,508 to AED 816,146. 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 810,827 and AED 810,741.5 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 862,319 they are 47 % more affordable than the average price for Rams. The properties with the highest average price have 3 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 4 bedrooms priced at AED 1,168,117.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of AED 867 / sq.feet, with an average AED 568 / sq.feet price in Rams. The properties with the highest average prices have 3 bedrooms. They are 657 % more expensive than the average followed by properties with 1 bedroom with a price at AED 4,104 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of AED 862,319 it is 37 % cheaper than the average price in Rams. "Office" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Villa". At a price of AED 1,504,994 it is 241 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of AED 225 / sq.feet followed by "Commercial" priced at AED 268 / sq.feet. "Townhouse" is the most costly type of property with a AED 3,996 / sq.feet cost followed by "Duplex" with an average price of AED 1,348 / sq.feet.