Property Prices in Al Ain, United Arab Emirates

Index Info
Price to Income Ratio: 2.72
Mortgage as Percentage of Income: 21.81%
Loan Affordability Index: 4.59
Price to Rent Ratio - City Centre: 8.75
Price to Rent Ratio - Outside of Centre: 7.33
Gross Rental Yield (City Centre): 11.42%
Gross Rental Yield (Outside of Centre): 13.64%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,208.78 AED 2,000.00-5,370.28
Apartment (1 bedroom) Outside of Centre 2,672.52 AED 2,000.00-3,580.19
Apartment (3 bedrooms) in City Centre 5,975.00 AED 4,000.00-8,000.00
Apartment (3 bedrooms) Outside of Centre 5,514.11 AED 4,000.00-7,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 578.13 AED 325.16-831.10
Price per Square Feet to Buy Apartment Outside of Centre 423.43 AED 185.80-661.06
Salaries And Financing
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Average Monthly Net Salary (After Tax) 9,921.28 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.16 4.50-5.99

These data are based on 63 entries in the past 18 months from 12 different contributors.
Last update: May 2021

Sources and References
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