The prices in real estate in Town square, in the Dubai region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Town square has remained the same in the last 6 months. In November, the average price per sq.feet was AED 860. In December this price pretty much remained the same at a value of AED 836 per sq.feet. The price for the following two months in (January, February) decreased 94 % 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 822.25 to AED 835 during March y April
Based upon to the price in Town square (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is AED 790,522. In December This price remains at AED 812,488. During the following two months (January, February) the price has had an average incrementation from AED 801,505 to AED 866,513.5. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % 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 921,972 they are 42 % more affordable than the average price for Town square. The properties with the highest average price have 4 bedrooms, Their price is 90 % more costly than the average. After that we have properties with 3 bedrooms priced at AED 1,326,238.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of AED 679 / sq.feet, with an average AED 849 / sq.feet price in Town square. The properties with the highest average prices have 2 bedrooms. They are 433 % more expensive than the average followed by properties with 1 bedroom with a price at AED 3,768 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of AED 921,972 it is 55 % cheaper than the average price in Town square. "Flat" is seen as the second most affordable property type. The dearest property type is "Villa" followed by "Townhouse". At a price of AED 1,561,665 it is 70 % 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 683 / sq.feet followed by "Villa" priced at AED 708 / sq.feet. "Apartment" is the most costly type of property with a AED 4,720 / sq.feet cost followed by "House" with an average price of AED 1,253 / sq.feet.