Property Prices Comparison Between United Arab Emirates and United Arab Emirates

Index	United Arab Emirates	United Arab Emirates
Price to Income Ratio:	4.38	4.38
Mortgage as Percentage of Income:	33.00%	33.00%
Loan Affordability Index:	3.03	3.03
Price to Rent Ratio - City Centre:	8.88	8.88
Price to Rent Ratio - Outside of Centre:	9.41	9.41
Gross Rental Yield (City Centre):	11.26%	11.26%
Gross Rental Yield (Outside of Centre):	10.62%	10.62%

Currency: Sticky Currency Switch to metric measurement units

Rent Per Month	United Arab Emirates Edit	United Arab Emirates Edit	Difference
Apartment (1 bedroom) in City Centre	6,390.36 AED	6,390.36 AED	0.0 %
Apartment (1 bedroom) Outside of Centre	4,311.81 AED	4,311.81 AED	0.0 %
Apartment (3 bedrooms) in City Centre	13,026.39 AED	13,026.39 AED	0.0 %
Apartment (3 bedrooms) Outside of Centre	8,596.00 AED	8,596.00 AED	0.0 %
Buy Apartment Price	United Arab Emirates Edit	United Arab Emirates Edit
Price per Square Feet to Buy Apartment in City Centre	1,218.39 AED	1,218.39 AED	0.0 %
Price per Square Feet to Buy Apartment Outside of Centre	862.51 AED	862.51 AED	0.0 %
Salaries And Financing	United Arab Emirates Edit	United Arab Emirates Edit
Average Monthly Net Salary (After Tax)	12,775.44 AED	12,775.44 AED	0.0 %
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.40	4.40	0.0 %
Last update:	April 2024	April 2024
Contributors in the past 12 months:	262	262

Country data (source The World Bank, 2024)	United Arab Emirates	United Arab Emirates
GDP Per Capita (PPP) ($) :	74,900.00	74,900.00
GDP Growth Rate:	7.85	7.85
Population Growth Rate:	0.58	0.58

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