Property prices for sale in The Lagoons (Dubai)

The prices in real estate in The Lagoons, in the Dubai region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

AED 2,934,458
Average price last 6 months
AED 1,784.25
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in The Lagoons has had a strong decrease during the last 6 months. In September, the average price per sq.feet was AED 1,828. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (November, December) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 206 % 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 878 to AED 1,812.5 during January, and February.

Average price

Based upon to the price in The Lagoons (cities), this has fallen considerably in the last 6 months. The average price for September is AED 3,471,078. During October the price had a considerable reduction till . During the following two months (November, December) the average price had a considerable reduction of 76 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 184 % during the last two months.

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 2,775,451 they are 46 % more affordable than the average price for The Lagoons. The properties with the highest average price have 4 bedrooms, Their price is 113 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 3,211,107.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of AED 1,820 / sq.feet, with an average AED 1,823 / sq.feet price in The Lagoons. The properties with the highest average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at AED 1,851 / sq.feet.

Price per property type

With regard to the average price based upon the property in The Lagoons we can see that the cheapest property type is "Apartment" at a price of AED 2,775,451, they are 0 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 0 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of AED 1,823 / sq.feet. "Apartment" with an average cost of AED 1,823 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in The Lagoons
Number of properties used in region Dubai
AED 2,775,451
AED 1,823
906
528,402
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value