Property Prices in Amman, Jordan

Index Info
Price to Income Ratio: 7.94
Mortgage as Percentage of Income: 77.12%
Loan Affordability Index: 1.30
Price to Rent Ratio - City Centre: 17.07
Price to Rent Ratio - Outside of Centre: 13.88
Gross Rental Yield (City Centre): 5.86%
Gross Rental Yield (Outside of Centre): 7.20%
Rent Per Month
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Apartment (1 bedroom) in City Centre 254.67 JOD 180.00-450.00
Apartment (1 bedroom) Outside of Centre 192.80 JOD 140.00-250.00
Apartment (3 bedrooms) in City Centre 432.38 JOD 300.00-700.00
Apartment (3 bedrooms) Outside of Centre 321.33 JOD 250.00-450.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 85.87 JOD 55.74-116.13
Price per Square Feet to Buy Apartment Outside of Centre 52.45 JOD 37.16-82.68
Salaries And Financing
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Average Monthly Net Salary (After Tax) 469.04 JOD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.57 5.00-9.75

These data are based on 337 entries in the past 18 months from 51 different contributors.
Last update: February 2024

Sources and References
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2 Comments so far
Anonymous on Jul 30, 2023:
Amman's 2 br flat in a good location of the city where upper middle class would choose to live is as follows as of 2022:

1- Furnished: 500-550 JD per month
2- Un-furnished: 350-370 JD per month
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.