Property Prices in Al Khobar, Saudi Arabia

Index
Price to Income Ratio:	4.50
Mortgage as Percentage of Income:	33.59%
Loan Affordability Index:	2.98
Price to Rent Ratio - City Centre:	26.69
Price to Rent Ratio - Outside of Centre:	23.23
Gross Rental Yield (City Centre):	3.75%
Gross Rental Yield (Outside of Centre):	4.31%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	1,475.00 ﷼	1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre	1,433.33 ﷼	1,000.00-2,500.00
Apartment (3 bedrooms) in City Centre	3,625.00 ﷼	2,000.00-5,500.00
Apartment (3 bedrooms) Outside of Centre	2,766.67 ﷼	1,500.00-4,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	929.02 ﷼
Price per Square Feet to Buy Apartment Outside of Centre	696.77 ﷼
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	9,714.29 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	4.29	3.00-5.00

These data are based on 53 entries in the past 18 months from 11 different contributors.
Last update: April 2024

Sources and References

Nearby cities:

Property Prices in Al-khubar	2.14 miles
Property Prices in Dhahran	7.06 miles
Property Prices in Az-zahran	7.75 miles
Property Prices in Qatif	27.94 miles
Property Prices in Ad Dammam	28.35 miles
Property Prices in Ras Tanura	47.05 miles
Property Prices in Jubail	65.24 miles
Property Prices in Al Hufuf	92.21 miles
Property Prices in Al Mubarraz	94.44 miles
Property Prices in Khafji	196.71 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	50,200.00
GDP Growth Rate:	8.68%
Population Growth Rate:	1.65%