Property Prices in Saudi Arabia
| Index |  |
|---|---|
| Price to Income Ratio: | 2.95 |
| Mortgage as Percentage of Income: | 21.67% |
| Loan Affordability Index: | 4.62 |
| Price to Rent Ratio - City Centre: | 14.30 |
| Price to Rent Ratio - Outside of Centre: | 13.74 |
| Gross Rental Yield (City Centre): | 6.99% |
| Gross Rental Yield (Outside of Centre): | 7.28% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,690.77 ﷼ | |
| Apartment (1 bedroom) Outside of Centre | 1,239.76 ﷼ | |
| Apartment (3 bedrooms) in City Centre | 2,756.57 ﷼ | |
| Apartment (3 bedrooms) Outside of Centre | 2,074.22 ﷼ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 469.19 ﷼ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 334.43 ﷼ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 7,326.33 ﷼ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.11 |
These data are based on 1183 entries in the past 18 months from 212 different contributors.
Last update: January 2023
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 | 3.0 | 7.6 | 6.1 | 13.1 | 16.5 | 21.9 | 4.6 | |
| Al Khobar | 4.5 | 3.3 | 3.5 | 30.6 | 28.9 | 32.5 | 3.1 | |
| Jeddah (Jiddah) | 3.4 | 7.9 | 7.3 | 12.6 | 13.6 | 25.6 | 3.9 | |
| Riyadh | 3.3 | 8.6 | 9.0 | 11.6 | 11.1 | 24.0 | 4.2 |
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