The average price in the Ras al-Khaimah region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per sq.feet in Ras al-Khaimah has remained stagnant in the last 6 months. During March, the average price per sq.feet was AED 536. In April the price pretty much stayed the same at AED 538 per sq.feet. The price per sq.feet for the following two months practically stayed the same, going from AED 537 to AED 517 per sq.feet. In the last two months, the price per sq.feet has increased 107 %. This has been obtained by comparing the price AED 527 for the first four months of the sample with regard to the previous 4 months and the price AED 562.5 per sq.feet for the last two months (July, August).
Based upon to the price in Ras al-Khaimah(region), these have remained the same in the last 6 months. In the first month sample March the average price is AED 748,854. In April the price was the same at AED 764,914. In the following two months the average price didn't change much compared to the previous two going from AED 756,884 to AED 793,801.5. During the last two months the average price has remained stagnant and has gone from AED 775,342.75 to AED 773,943.5 during July and August.
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 Ras al-Khaimah followed by those with 2 with an average price of AED 675,942. The most costly properties have 3 bedrooms. They are 103 % more expensive than the average followed by those properties with 4 bedrooms priced at AED 1,124,527.
Based on the average price per sq.feet those properties with 4 bedrooms are the dearest ones with a price of AED 927 / sq.feet being AED 557 / sq.feet the average value within the Ras al-Khaimah region. The properties with the most expensive average price are those with 1 bedroom. These are 664 % more costly than the average followed by those with 3 bedrooms with a price of AED 4,243 / 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 763,593 it is 48 % more affordable than the average in Ras al-Khaimah. This is followed by "Apartment" with a price of AED 508,618. The dearest property type is "Land" and is 362 % more expensive than the average, followed by "Villa" with a cost of AED 1,741,000.
Based on the average cost per sq.feet the cheapest property type is "Land with a an average cost of AED 405 / sq.feet, followed by "Flat" with a price of AED 501 / sq.feet. "Duplex" with an average price of AED 4,034 / sq.feet is the most costly type of property followed by "Villa" at a price of AED 2,353 / sq.feet.