The prices in real estate in Sadiyat Island, in the Abu Dhabi region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Sadiyat Island has increased during the last 6 months. In September, the average price per sq.feet was AED 9,316. In the following month the price per sq.feet increased considerably to AED 13,289. The price for the following two months in (November, December) decreased 88 % with regard to the prior two months. The price per sq.feet has decreased 86 % 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 10,600.75 to AED 9,092.5 during January, and February.
Based upon to the price in Sadiyat Island (cities), this has gone downing the last 6 months. The average price for September is AED 7,518,571. During October the price had a slight fall till AED 6,963,429. During the following two months (November, December) the average price fell 92 % with regard to the previous two months. 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 6,950,933 and AED 7,098,232.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 7,335,817 they are 67 % more affordable than the average price for Sadiyat Island. The properties with the lowest average price have 4 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 3 bedrooms priced at AED 4,841,779.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of AED 13,916 / sq.feet, with an average AED 11,437 / sq.feet price in Sadiyat Island. The properties with the highest average prices have 1 bedroom. They are 58 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 16,239 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of AED 7,335,817 it is 63 % cheaper than the average price in Sadiyat Island. "Apartment" is seen as the second most affordable property type. The dearest property type is "Penthouse" followed by "Villa". At a price of AED 11,853,930 it is 211 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Townhouse" at an average cost of AED 13,705 / sq.feet followed by "Villa" priced at AED 14,345 / sq.feet. "Duplex" is the most costly type of property with a AED 19,229 / sq.feet cost followed by "Apartment" with an average price of AED 15,496 / sq.feet.