Property Prices in Djibouti

Index Info
Price to Income Ratio: 12.70
Mortgage as Percentage of Income: 100.60%
Loan Affordability Index: 0.99
Price to Rent Ratio - City Centre: 8.02
Price to Rent Ratio - Outside of Centre: 9.19
Gross Rental Yield (City Centre): 12.47%
Gross Rental Yield (Outside of Centre): 10.88%
Rent Per Month
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Apartment (1 bedroom) in City Centre 145,000.00 Fdj 90,000.00-390,000.00
Apartment (1 bedroom) Outside of Centre 102,645.00 Fdj 60,000.00-177,935.00
Apartment (3 bedrooms) in City Centre 332,500.00 Fdj 130,000.00-600,000.00
Apartment (3 bedrooms) Outside of Centre 143,183.82 Fdj 90,000.00-212,735.29
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 26,477.15 Fdj 11,148.27-41,806.02
Price per Square Feet to Buy Apartment Outside of Centre 17,186.92 Fdj 8,361.20-26,012.63
Salaries And Financing
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Average Monthly Net Salary (After Tax) 92,500.00 Fdj
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.00

These data are based on 27 entries in the past 18 months from 6 different contributors.
Last update: May 2022
Our data for each country are based on all entries from all cities in that country.

Sources and References
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