Property Prices in Sharjah, United Arab Emirates

Index Info
Price to Income Ratio: 8.19
Mortgage as Percentage of Income: 63.30%
Loan Affordability Index: 1.58
Price to Rent Ratio - City Centre: 18.01
Price to Rent Ratio - Outside of Centre: 14.19
Gross Rental Yield (City Centre): 5.55%
Gross Rental Yield (Outside of Centre): 7.05%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,500.00 AED 2,500.00-5,000.00
Apartment (1 bedroom) Outside of Centre 3,400.00 AED 1,800.00-5,000.00
Apartment (3 bedrooms) in City Centre 5,785.00 AED 4,000.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 4,149.31 AED 3,000.00-6,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,230.96 AED 743.22-3,499.97
Price per Square Feet to Buy Apartment Outside of Centre 836.12 AED 557.41-2,799.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,793.75 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.71 3.50-5.00

These data are based on 112 entries in the past 18 months from 24 different contributors.
Last update: May 2024

Sources and References
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