Property Prices in Saudi Arabia
| Index |  |
|---|---|
| Price to Income Ratio: | 2.91 |
| Mortgage as Percentage of Income: | 21.38% |
| Loan Affordability Index: | 4.68 |
| Price to Rent Ratio - City Centre: | 13.72 |
| Price to Rent Ratio - Outside of Centre: | 13.20 |
| Gross Rental Yield (City Centre): | 7.29% |
| Gross Rental Yield (Outside of Centre): | 7.58% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,715.14 ﷼ | |
| Apartment (1 bedroom) Outside of Centre | 1,332.57 ﷼ | |
| Apartment (3 bedrooms) in City Centre | 2,961.74 ﷼ | |
| Apartment (3 bedrooms) Outside of Centre | 2,128.71 ﷼ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 468.27 ﷼ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 338.40 ﷼ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 7,448.97 ﷼ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.10 |
These data are based on 1169 entries in the past 18 months from 210 different contributors.
Last update: May 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 | 2.7 | 7.4 | 6.5 | 13.6 | 15.5 | 19.4 | 5.2 | |
| Al Khobar | 4.6 | 3.2 | 3.3 | 31.4 | 30.1 | 33.4 | 3.0 | |
| Jeddah (Jiddah) | 3.2 | 8.5 | 8.0 | 11.7 | 12.5 | 24.0 | 4.2 | |
| Riyadh | 3.3 | 10.9 | 11.3 | 9.2 | 8.8 | 23.8 | 4.2 |
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