Property Prices in Jeddah (Jiddah), Saudi Arabia

Index Info
Price to Income Ratio: 3.44
Mortgage as Percentange of Income: 26.70%
Loan Affordability Index: 3.75
Price to Rent Ratio - City Centre: 12.03
Price to Rent Ratio - Outside of Centre: 14.61
Gross Rental Yield (City Centre): 8.31%
Gross Rental Yield (Outside of Centre): 6.84%
Rent Per Month [ Edit ] Range
Apartment (1 bedroom) in City Centre 1,625.00 ﷼ 1,000.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,078.57 ﷼ 700.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,962.50 ﷼ 2,000.00-4,666.00
Apartment (3 bedrooms) Outside of Centre 2,019.05 ﷼ 1,500.00-3,000.00
Buy Apartment Price [ Edit ]
Price per Square Feet to Buy Apartment in City Centre 398.45 ﷼ 278.71-464.51
Price per Square Feet to Buy Apartment Outside of Centre 325.16 ﷼ 260.13-371.61
Salaries And Financing [ Edit ]
Average Monthly Net Salary (After Tax) 5,668.42 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, Fixed-Rate 4.78 2.75-9.00

These data are based on 116 entries in the past 18 months from 21 different contributors.
Last update: December 2017

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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