Property prices for sale in Sheikh Zayed Road (Sharjah)

The prices in real estate in Sheikh Zayed Road, in the Sharjah region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

AED 3,160,934.33
Average price last 6 months
AED 1,918
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Sheikh Zayed Road has increased strongly during the last 6 months. In April, the average price per sq.feet was AED 1,593. In May this price pretty much remained the same at a value of AED 1,663 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 127 %. The price per sq.feet has increased 111 % 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 1,848.75 to AED 2,056.5 during August, and September.

Average price

Based upon to the price in Sheikh Zayed Road (cities), this has gone up in the last 6 months. The average price during our first sample month during April, is AED 2,897,972. During May the price went through a considerable rise reaching AED 3,961,133. During the following two months (June, July) the average price had a considerable reduction of 84 % 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 3,163,250.25 and AED 3,156,302.5 between August and September.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 2,989,883 they are 43 % more affordable than the average price for Sheikh Zayed Road. The properties with the highest average price have 4 bedrooms, Their price is 279 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 4,166,429.

With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of AED 1,967 / sq.feet, with an average AED 1,964 / sq.feet price in Sheikh Zayed Road. The properties with the highest average prices have 4 bedrooms. They are 33 % more expensive than the average followed by properties with 3 bedrooms with a price at AED 2,163 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of AED 2,989,883 it is 14 % cheaper than the average price in Sheikh Zayed Road. "Commercial" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Apartment". At a price of AED 2,558,154 it is 51 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of AED 1,173 / sq.feet followed by "Apartment" priced at AED 2,066 / sq.feet. "Apartment" is the most costly type of property with a AED 2,066 / sq.feet cost followed by "Commercial" with an average price of AED 1,173 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Sheikh Zayed Road
Number of properties used in region Sharjah
AED 2,989,883
AED 1,964
906
49,344
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other cities in region Sharjah