Property Prices in Saudi Arabia
| Index |  |
|---|---|
| Price to Income Ratio: | 3.09 |
| Mortgage as Percentage of Income: | 23.81% |
| Loan Affordability Index: | 4.20 |
| Price to Rent Ratio - City Centre: | 15.79 |
| Price to Rent Ratio - Outside of Centre: | 13.45 |
| Gross Rental Yield (City Centre): | 6.33% |
| Gross Rental Yield (Outside of Centre): | 7.43% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,803.98 ﷼ | |
| Apartment (1 bedroom) Outside of Centre | 1,412.80 ﷼ | |
| Apartment (3 bedrooms) in City Centre | 3,391.66 ﷼ | |
| Apartment (3 bedrooms) Outside of Centre | 2,312.56 ﷼ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 588.87 ﷼ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 369.58 ﷼ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 8,347.98 ﷼ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.67 |
These data are based on 1065 entries in the past 18 months from 212 different contributors.
Last update: December 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
By City in Saudi Arabia
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 |
|---|---|---|---|---|---|---|---|---|
| Ad Dammam | 2.4 | 6.9 | 6.5 | 14.4 | 15.3 | 17.6 | 5.7 | |
| Al Khobar | 4.1 | 4.7 | 6.1 | 21.5 | 16.4 | 30.5 | 3.3 | |
| Jeddah (Jiddah) | 3.2 | 5.3 | 8.7 | 18.7 | 11.5 | 25.0 | 4.0 | |
| Jubail | 5.0 | 3.2 | 4.7 | 31.0 | 21.2 | 41.1 | 2.4 | |
| Mecca | 4.1 | 4.4 | 4.7 | 22.9 | 21.3 | 38.1 | 2.6 | |
| Riyadh | 3.2 | 11.0 | 10.9 | 9.1 | 9.2 | 26.3 | 3.8 |
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