Property Prices in Al Ain, United Arab Emirates

Index Info
Price to Income Ratio: 2.71
Mortgage as Percentage of Income: 21.79%
Loan Affordability Index: 4.59
Price to Rent Ratio - City Centre: 8.82
Price to Rent Ratio - Outside of Centre: 7.26
Gross Rental Yield (City Centre): 11.34%
Gross Rental Yield (Outside of Centre): 13.78%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,094.81 AED 2,000.00-5,363.70
Apartment (1 bedroom) Outside of Centre 2,625.11 AED 2,000.00-3,575.80
Apartment (3 bedrooms) in City Centre 6,114.29 AED 4,000.00-8,000.00
Apartment (3 bedrooms) Outside of Centre 5,729.23 AED 4,500.00-7,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 577.62 AED 325.16-830.08
Price per Square Feet to Buy Apartment Outside of Centre 423.03 AED 185.80-660.25
Salaries And Financing
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Average Monthly Net Salary (After Tax) 9,920.46 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.16 4.50-5.99

These data are based on 59 entries in the past 18 months from 12 different contributors.
Last update: November 2020

Sources and References
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