Property Prices in Jeddah (Jiddah), Saudi Arabia

Index Info
Price to Income Ratio: 3.16
Mortgage as Percentange of Income: 23.56%
Loan Affordability Index: 4.24
Price to Rent Ratio - City Centre: 13.00
Price to Rent Ratio - Outside of Centre: 16.61
Gross Rental Yield (City Centre): 7.69%
Gross Rental Yield (Outside of Centre): 6.02%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,303.57 ﷼ 800.00-2,000.00
Apartment (1 bedroom) Outside of Centre 954.35 ﷼ 500.00-1,200.00
Apartment (3 bedrooms) in City Centre 2,560.00 ﷼ 1,600.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 1,856.67 ﷼ 1,500.00-2,500.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 357.67 ﷼ 278.71-557.41
Price per Square Feet to Buy Apartment Outside of Centre 332.90 ﷼ 232.26-650.32
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 5,880.00 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.29 3.00-8.00

These data are based on 176 entries in the past 18 months from 30 different contributors.
Last update: August 2018

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1 Comments so far

#Awad on Sep 25, 2014 :
The prices indicated in your index regarding the city of jeddah is way below the average prices in reality. The data indicted is at least 50% less than the actual average. I am dealing with real estate and maybe your data is old . Also the city center in reality is less expensive than out side the city center.
Thank you