Property prices for sale in Dubai region
The average price in the Dubai region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per sq.feet in Dubai has remained stagnant in the last 6 months. During July, the average price per sq.feet was AED 2,494. The following month the price decreased to AED 2,139 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from AED 2,316.5 to AED 2,407.5 per sq.feet. In the last two months, the price per sq.feet has had a significant increase of 124 %. This has been obtained by comparing the price of AED 2,362 for the first four months of the sample with regard to the previous 4 months and the price of AED 2,938 per sq.feet for the last two months (November, December).
Based upon to the price in Dubai(region), this has increased in the last 6 months. July has an average price of AED 2,313,306. During August the price had a slight deflation till AED 2,135,526. In the following two months the average price didn't change much compared to the previous two going from AED 2,224,416 to AED 2,309,228.5. During the last two months the price has had a considerable increase of 130 % with respect to the previous four months going from AED 2,266,822.25 a AED 2,950,487.5.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 64 % more affordable than the average price in Dubai followed by those with 2 with an average price of AED 1,873,933. The most costly properties have 4 bedrooms. They are 56 % more expensive than the average followed by those properties with 3 bedrooms priced at AED 2,934,263.
Based on the average price per sq.feet those properties with 4 bedrooms are the dearest ones with a price of AED 2,662 / sq.feet being AED 2,591 / sq.feet the average value within the Dubai region. The properties with the most expensive average price are those with 3 bedrooms. These are 65 % more costly than the average followed by those with 1 bedroom with a price of AED 3,271 / sq.feet.
The graph displaying the average price according to the property type shows "Flat" as the cheapest one. With an average cost of AED 3,416,787 it is 62 % more affordable than the average in Dubai. This is followed by "Office" with a price of AED 1,402,028. The dearest property type is "Villa" and is 49 % more expensive than the average, followed by "Commercial" with a cost of AED 4,002,497.
Based on the average cost per sq.feet the cheapest property type is "Villa with a an average cost of AED 1,024 / sq.feet, followed by "Flat" with a price of AED 1,126 / sq.feet. "Townhouse" with an average price of AED 5,338 / sq.feet is the most costly type of property followed by "Apartment" at a price of AED 3,337 / sq.feet.
