The prices in real estate in Siji, in the Fujairah region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Siji has fallen in the last 6 months. In December, the average price per sq.feet was AED 1,548. In the following month the price per sq.feet decreased to AED 1,364. The price for the following two months in (February, March) decreased 93 % with regard to the prior two months. 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 1,402.75 to AED 1,424 during April y May
Based upon to the price in Siji (cities), this has gone downing the last 6 months. The average price for December is AED 2,780,769. During January the price had a slight fall till AED 2,514,635. In the following two months the average price has remained the same with regard to the previous two months from AED 2,647,702 to AED 2,539,739.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 2,722,322 they are 28 % more affordable than the average price for Siji. The properties with the highest average price have 4 bedrooms, Their price is 586 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 5,367,786.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of AED 863 / sq.feet, with an average AED 1,351 / sq.feet price in Siji. The properties with the highest average prices have 4 bedrooms. They are 107 % more expensive than the average followed by properties with 3 bedrooms with a price at AED 2,091 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of AED 2,722,322 it is 0 % cheaper than the average price in Siji. "Commercial" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Apartment". At a price of AED 2,709,443 it is 11 % 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 1,339 / sq.feet followed by "Apartment" priced at AED 1,418 / sq.feet. "Apartment" is the most costly type of property with a AED 1,418 / sq.feet cost followed by "Commercial" with an average price of AED 1,339 / sq.feet.