Property Prices in Jeddah (Jiddah), Saudi Arabia

Index Info
Price to Income Ratio: 3.62
Mortgage as Percentage of Income: 28.10%
Loan Affordability Index: 3.56
Price to Rent Ratio - City Centre: 15.95
Price to Rent Ratio - Outside of Centre: 14.98
Gross Rental Yield (City Centre): 6.27%
Gross Rental Yield (Outside of Centre): 6.68%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,948.00 ﷼ 1,200.00-4,000.00
Apartment (1 bedroom) Outside of Centre 1,439.66 ﷼ 1,000.00-3,000.00
Apartment (3 bedrooms) in City Centre 3,476.79 ﷼ 2,500.00-6,500.00
Apartment (3 bedrooms) Outside of Centre 2,451.85 ﷼ 1,900.00-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 627.45 ﷼ 418.06-999.99
Price per Square Feet to Buy Apartment Outside of Centre 426.49 ﷼ 278.71-650.32
Salaries And Financing
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Average Monthly Net Salary (After Tax) 7,842.41 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.77 3.50-7.00

These data are based on 256 entries in the past 18 months from 44 different contributors.
Last update: April 2024

Sources and References
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