Property Prices in Ajman, United Arab Emirates

Index Info
Price to Income Ratio: 10.36
Mortgage as Percentage of Income: 80.71%
Loan Affordability Index: 1.24
Price to Rent Ratio - City Centre: 4.14
Price to Rent Ratio - Outside of Centre: 35.64
Gross Rental Yield (City Centre): 24.13%
Gross Rental Yield (Outside of Centre): 2.81%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 7,948.30 AED 2,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 1,661.79 AED 1,250.00-2,100.00
Apartment (3 bedrooms) in City Centre 4,367.73 AED 3,500.00-6,666.00
Apartment (3 bedrooms) Outside of Centre 3,095.47 AED 2,500.00-4,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 458.86 AED 283.35-743.22
Price per Square Feet to Buy Apartment Outside of Centre 1,219.25 AED 315.87-2,993.50
Salaries And Financing
Average Monthly Net Salary (After Tax) 4,357.14 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.80 3.90-6.50

These data are based on 119 entries in the past 18 months from 30 different contributors.
Last update: January 2021

Sources and References
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