|Price to Income Ratio:||3.44|
|Mortgage as Percentage of Income:||24.64%|
|Loan Affordability Index:||4.06|
|Price to Rent Ratio - City Centre:||8.60|
|Price to Rent Ratio - Outside of Centre:||9.13|
|Gross Rental Yield (City Centre):||11.62%|
|Gross Rental Yield (Outside of Centre):||10.96%|
Rent Per Month
|Apartment (1 bedroom) in City Centre||6,965.88 AED||4,400.00-12,000.00|
|Apartment (1 bedroom) Outside of Centre||4,025.83 AED||2,500.00-6,000.00|
|Apartment (3 bedrooms) in City Centre||12,360.50 AED||7,800.00-20,000.00|
|Apartment (3 bedrooms) Outside of Centre||7,510.33 AED||5,000.00-15,000.00|
Buy Apartment Price
|Price per Square Feet to Buy Apartment in City Centre||1,207.08 AED||733.93-2,499.98|
|Price per Square Feet to Buy Apartment Outside of Centre||757.04 AED||548.12-1,103.00|
Salaries And Financing
|Average Monthly Net Salary (After Tax)||15,381.99 AED|
|Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate||3.84||2.50-5.00|
These data are based on 546 entries in the past 18 months from 112 different contributors.
Last update: March 2023
No sources and references provided yet.
|Property Prices in Ras al-Khaimah||62.60 miles|
|Property Prices in Fujairah||80.82 miles|
|Property Prices in Kalba||84.26 miles|
|Property Prices in Abu Dhabi||94.68 miles|
|DeutschImmobilienpreise in Dubai|
|PortuguêsPreços de Imóveis em Dubai|
|ItalianoPrezzi delle proprietà immobiliari a Dubai|
|FrançaisPrix de l'immobilier à Dubai|
|EspañolPrecios de Inmuebles en Dubai|
Average monthly net salary (after taxes) 526 EUR
Kuala Lumpur Price per square meter to buy a city center apartment 2,600 EUR (1,700-4,300)
Average monthly salary net (after taxes) EUR 876
Serbia Price per square meter to buy an apartment in the city center 2,500 EUR (2,000-3,400)
Average monthly net salary (after taxes) 463 EUR
Bulgaria Price per square meter to buy an apartment in the city center 1,500 EUR (1,100-2,000)
Average monthly net salary (after taxes) EUR 719
We notice that Thailand-Bulgaria, while having about the same cost of living, property prices are outrageous in Thailand, a serious sign of a real estate price bubble.
Kuala Lumpur - Serbia Serbia is a similar case.
Why come to invest by buying real estate in Dubai when it has restrictions and mainly will pay extra money for maintenance of public spaces.
Banks and entrepreneurs are taking advantage of this by forming a real estate price bubble.
All Muslim countries should teach Muslims to pay income tax. Hydrocarbons belong to the state, not to the citizens.
Many disgruntled people enter looking for work feeling rich thinking that the wealth of the Muslim states belongs to the Muslim Citizens.