Property Prices in Ajman, United Arab Emirates

Index Info
Price to Income Ratio: 1.86
Mortgage as Percentage of Income: 12.64%
Loan Affordability Index: 7.91
Price to Rent Ratio - City Centre: 8.68
Price to Rent Ratio - Outside of Centre: 9.89
Gross Rental Yield (City Centre): 11.52%
Gross Rental Yield (Outside of Centre): 10.11%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 2,233.33 AED 1,500.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,478.57 AED 900.00-2,500.00
Apartment (3 bedrooms) in City Centre 3,500.00 AED 2,500.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 2,333.75 AED 1,320.00-4,500.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 370.06 AED 209.03-501.67
Price per Square Feet to Buy Apartment Outside of Centre 279.98 AED 250.00-297.29
Salaries And Financing
Average Monthly Net Salary (After Tax) 9,416.67 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.25 3.00-3.50

These data are based on 60 entries in the past 18 months from 12 different contributors.
Last update: September 2023

Sources and References
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1 Comments so far
Selina Rahman on Jan 23, 2021:
Why price to buy apt/house outside city centre is more than the price e in city centre in Ajman area ???