Property Prices in Ad Dammam, Saudi Arabia

Index Info
Price to Income Ratio: 2.42
Mortgage as Percentage of Income: 17.59%
Loan Affordability Index: 5.68
Price to Rent Ratio - City Centre: 14.45
Price to Rent Ratio - Outside of Centre: 15.34
Gross Rental Yield (City Centre): 6.92%
Gross Rental Yield (Outside of Centre): 6.52%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,300.00 ﷼ 1,000.00-1,700.00
Apartment (1 bedroom) Outside of Centre 1,250.00 ﷼ 800.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,638.83 ﷼ 2,000.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,250.00 ﷼ 1,700.00-2,500.00
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) 8,799.00 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.00 2.40-5.00

These data are based on 72 entries in the past 18 months from 15 different contributors.
Last update: November 2024

Sources and References
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