Property Prices in Ad Dammam, Saudi Arabia

Index Info
Price to Income Ratio: 2.53
Mortgage as Percentage of Income: 18.41%
Loan Affordability Index: 5.43
Price to Rent Ratio - City Centre: 16.02
Price to Rent Ratio - Outside of Centre: 16.79
Gross Rental Yield (City Centre): 6.24%
Gross Rental Yield (Outside of Centre): 5.96%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,150.00 ﷼ 1,000.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,212.50 ﷼ 800.00-2,000.00
Apartment (3 bedrooms) in City Centre 2,429.12 ﷼ 2,000.00-3,100.00
Apartment (3 bedrooms) Outside of Centre 1,900.00 ﷼ 1,300.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 402.56 ﷼ 278.71-743.22
Price per Square Feet to Buy Apartment Outside of Centre 388.64 ﷼ 232.26-510.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 8,406.92 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.00 2.40-5.00

These data are based on 83 entries in the past 18 months from 18 different contributors.
Last update: June 2024

Sources and References
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