The average price in the Dubai region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per sq.feet in Dubai has increased in the last 6 months. During August, the average price per sq.feet was AED 1,076. The following month (September) the price increased to AED 1,148 per sq.feet. The following two months (October, November) went through an increase of 105 % in the price per sq.feet rising from AED 1,112 to AED 1,169 per sq.feet. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of AED 1,140.5 to AED 1,145.5 during December and January.
Based upon to the price in Dubai(region), these have remained the same in the last 6 months. In the first month sample August the average price is AED 2,112,903. In September the price was the same at AED 2,203,391. In the following two months the average price didn't change much compared to the previous two going from AED 2,158,147 to AED 2,138,835. During the last two months the average price has remained stagnant and has gone from AED 2,148,491 to AED 2,048,103.5 during December and January.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 42 % more affordable than the average price in Dubai followed by those with 2 with an average price of AED 1,883,016. The most costly properties have 4 bedrooms. They are 69 % more expensive than the average followed by those properties with 3 bedrooms priced at AED 2,550,374.
Based on the average price per sq.feet those properties with 3 bedrooms are the cheapest ones with a price of AED 1,116 / sq.feet being AED 1,179 / sq.feet the average value within the Dubai region. The properties with the most expensive average price are those with 2 bedrooms. These are 16 % more costly than the average followed by those with 1 bedroom with a price of AED 1,142 / sq.feet.
The graph displaying the average price according to the property type shows "Studio" as the cheapest one. With an average cost of AED 2,194,154 it is 76 % more affordable than the average in Dubai. This is followed by "Flat" with a price of AED 1,325,151. The dearest property type is "Villa" and is 63 % more expensive than the average, followed by "Commercial" with a cost of AED 2,505,791.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of AED 788 / sq.feet, followed by "Villa" with a price of AED 875 / sq.feet. "Apartment" with an average price of AED 1,458 / sq.feet is the most costly type of property followed by "Flat" at a price of AED 1,254 / sq.feet.