The prices in real estate in Saadiyat Island, in the Abu Dhabi 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 Saadiyat Island has remained the same in the last 6 months. In May, the average price per sq.feet was AED 1,482. In June this price pretty much remained the same at a value of AED 1,495 per sq.feet. In the following two months the price per sq.feet has barely changed, going from AED 1,488.5 to AED 1,480.5 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 1,484.5 to AED 1,418.5 during September y October
Based upon to the price in Saadiyat Island (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is AED 5,624,757. During June the price went through a considerable rise reaching AED 7,485,133. During the following two months (July, August) the price has had an average incrementation from AED 6,554,945 to AED 7,138,117.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from AED 6,846,531 to AED 6,353,124.5 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 5,592,882 they are 70 % more affordable than the average price for Saadiyat Island. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 4,079,221.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 1,285 / sq.feet, with an average AED 1,365 / sq.feet price in Saadiyat Island. The properties with the highest average prices have 3 bedrooms. They are 7 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 1,424 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of AED 5,592,882 it is 58 % cheaper than the average price in Saadiyat Island. "Flat" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Townhouse". At a price of AED 4,284,417 it is 81 % 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 324 / sq.feet followed by "Townhouse" priced at AED 1,322 / sq.feet. "Flat" is the most costly type of property with a AED 1,438 / sq.feet cost followed by "Villa" with an average price of AED 1,436 / sq.feet.