Jumeirah Bay Island Market Report
June 2024
Transactions
1
0% MoM
Total Volume
AED 98.0M
0% MoM
Average Price
AED 98.0M
0% MoM
Avg Price/Sqft
AED 10,652
Median: AED 98.0M
Market Analysis
Jumeirah Bay Island recorded 1 transactions totaling AED 98.0M in June 2024, with average prices trending stable.
Performance Trends
Month-over-Month
Volume Change
0%
Average Price Change
0%
Transaction Count Change
0%
Year-over-Year
Volume Change
0%
Average Price Change
0%
Transaction Count Change
0%
Property Type Distribution
PENTHOUSE
1
100% of transactions
Avg: AED 98.0M
Premium Transaction
Jumeirah Bay Resort Residences
PENTHOUSE
Price
AED 98.0M
Bedrooms
5
Price/Sqft
AED 10,652
Transacted: 6/10/2024
Frequently Asked Questions
What was the average transaction price in Jumeirah Bay Island during June 2024?
The average transaction price in Jumeirah Bay Island for June 2024 was AED 98,000,000. This metric reflects the luxury positioning and desirability of the community during this period.
How many transactions occurred in Jumeirah Bay Island in June 2024?
1 transactions were recorded in Jumeirah Bay Island during June 2024, representing a 0% month-over-month change.
What property types dominated the market in Jumeirah Bay Island during June 2024?
Transaction data reflects diverse property type preferences aligned with luxury market positioning.
Is Jumeirah Bay Island a sound investment in June 2024?
Evaluate Jumeirah Bay Island based on the June 2024 performance metrics: transaction volume, average prices and year-over-year trends. Compare with other luxury communities to assess relative value. Consult with MRK's investment advisory team for personalized guidance.
How does June 2024 compare to the previous month in Jumeirah Bay Island?
Month-over-month, Jumeirah Bay Island showed a 0% change in average prices and a 0% change in transaction volume, indicating adjusting market conditions.