The prices in real estate in Town square, in the Dubai 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 Town square has fallen in the last 6 months. In March, the average price per sq.feet was AED 780. In the following month the price per sq.feet decreased to AED 733. The price for the following two months in (May, June) decreased 92 % 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 724.75 to AED 728 during July y August
Based upon to the price in Town square (cities), this has gone up in the last 6 months. The price in March is AED 856,163, rising in April till AED 942,897. During the following two months (May, June) the price has had an average incrementation from AED 899,530 to AED 979,741.5. 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 939,635.75 and AED 895,118 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of AED 905,211 they are 37 % more affordable than the average price for Town square. The properties with the highest average price have 4 bedrooms, Their price is 59 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 1,110,899.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 580 / sq.feet, with an average AED 726 / sq.feet price in Town square. The properties with the highest average prices have 2 bedrooms. They are 428 % more expensive than the average followed by properties with 1 bedroom with a price at AED 2,129 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of AED 905,211 it is 53 % cheaper than the average price in Town square. "Apartment" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Villa". At a price of AED 786,255 it is 43 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of AED 568 / sq.feet followed by "Flat" priced at AED 848 / sq.feet. "Apartment" is the most costly type of property with a AED 5,672 / sq.feet cost followed by "House" with an average price of AED 1,269 / sq.feet.