Property Prices in Medina, Saudi Arabia

Index Info
Price to Income Ratio: 2.12
Mortgage as Percentage of Income: 15.42%
Loan Affordability Index: 6.48
Price to Rent Ratio - City Centre: 7.60
Price to Rent Ratio - Outside of Centre: 6.18
Gross Rental Yield (City Centre): 13.16%
Gross Rental Yield (Outside of Centre): 16.19%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 2,021.50 ﷼ 1,200.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,266.67 ﷼ 800.00-2,000.00
Apartment (3 bedrooms) in City Centre 4,625.00 ﷼ 2,100.00-11,000.00
Apartment (3 bedrooms) Outside of Centre 1,666.50 ﷼ 1,600.00-1,800.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 349.30 ﷼ 214.29-579.04
Price per Square Feet to Buy Apartment Outside of Centre 139.35 ﷼ 92.90-185.80
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,200.00 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.00

These data are based on 32 entries in the past 18 months from 5 different contributors.
Last update: June 2021

Sources and References
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3 Comments so far
Luqman mallu on Jun 03, 2021:
I am a muslim living in the UK, I want to know if I can move do hijrah to medina saudi arabia and live there? And want to know how much are house prices for 2 bedroom and 3 bedroom houses, jazakallah
Muhammad imran on Sep 11, 2020:
Sir I want to shift in madinah for living purpose with my faimly
Hanif sodha on Apr 05, 2020:
Sir i need to ask weather i can shift to madina for lifetime with family. Buying flat or land