Property Prices in Amman, Jordan

Index Info
Price to Income Ratio: 8.31
Mortgage as Percentage of Income: 80.36%
Loan Affordability Index: 1.24
Price to Rent Ratio - City Centre: 17.35
Price to Rent Ratio - Outside of Centre: 13.62
Gross Rental Yield (City Centre): 5.76%
Gross Rental Yield (Outside of Centre): 7.34%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 241.93 JOD 180.00-350.00
Apartment (1 bedroom) Outside of Centre 187.14 JOD 150.00-250.00
Apartment (3 bedrooms) in City Centre 411.15 JOD 300.00-600.00
Apartment (3 bedrooms) Outside of Centre 320.76 JOD 250.00-420.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 82.93 JOD 46.45-116.13
Price per Square Feet to Buy Apartment Outside of Centre 50.56 JOD 32.52-73.30
Salaries And Financing
Average Monthly Net Salary (After Tax) 432.11 JOD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.50 5.00-9.75

These data are based on 367 entries in the past 18 months from 53 different contributors.
Last update: June 2023

Sources and References
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1 Comments so far
liliana t. on Jul 20, 2022:
In Amman the city "organisation" is not the European style, with the city centre as the top ranking properties' location.
There is the old town which is considered as city centre, but it is not a location where middle or upper middle class would choose to live.
There are other locations, more popular for living where decent quality (but not luxury) 1 BR apartment would be 500 - 600 JOD, and 3 BRs apartment would be 1'000 - 1'500 JOD a month.
In Amman, the greatest majority of apartments are fully furnished, situated in the buildings up to 4 floors high.