Property Prices in United Arab Emirates

Index Info
Price to Income Ratio: 4.34
Mortgage as Percentage of Income: 32.67%
Loan Affordability Index: 3.06
Price to Rent Ratio - City Centre: 8.79
Price to Rent Ratio - Outside of Centre: 9.27
Gross Rental Yield (City Centre): 11.38%
Gross Rental Yield (Outside of Centre): 10.79%
Rent Per Month
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Apartment (1 bedroom) in City Centre 6,394.52 AED 3,500.00-12,000.00
Apartment (1 bedroom) Outside of Centre 4,300.26 AED 2,741.41-7,500.00
Apartment (3 bedrooms) in City Centre 13,042.98 AED 5,785.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 8,711.72 AED 4,149.31-16,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,207.68 AED 516.67-2,554.81
Price per Square Feet to Buy Apartment Outside of Centre 853.54 AED 436.04-1,672.24
Salaries And Financing
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Average Monthly Net Salary (After Tax) 12,778.49 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.40 1.51-7.00

These data are based on 1181 entries in the past 18 months from 258 different contributors.
Last update: April 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References

By City in United Arab Emirates

Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Abu Dhabi 6.8 7.6 5.7 13.2 17.7 57.3 1.7
Ajman 7.7 8.4 16.3 11.9 6.1 61.6 1.6
Al Ain 11.9 0.9 1.7 108.7 60.5 77.6 1.3
Al Fujayrah 2.0 8.3 8.0 12.0 12.5 12.0 8.3
Dubai 5.0 9.3 10.8 10.8 9.2 40.4 2.5
Ras al-Khaimah 6.7 4.4 8.5 22.6 11.7 53.2 1.9
Sharjah 8.0 5.6 7.0 18.0 14.2 60.8 1.6
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