Property Prices in Medina, Saudi Arabia

Index Info
Price to Income Ratio: 4.57
Mortgage as Percentage of Income: 30.43%
Loan Affordability Index: 3.29
Price to Rent Ratio - City Centre: 12.80
Price to Rent Ratio - Outside of Centre: 23.45
Gross Rental Yield (City Centre): 7.81%
Gross Rental Yield (Outside of Centre): 4.26%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,842.39 ﷼ 500.00-3,000.00
Apartment (1 bedroom) Outside of Centre 800.00 ﷼
Apartment (3 bedrooms) in City Centre 5,031.47 ﷼ 2,500.00-11,000.00
Apartment (3 bedrooms) Outside of Centre 1,366.67 ﷼ 1,000.00-1,600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 589.35 ﷼ 574.85-603.86
Price per Square Feet to Buy Apartment Outside of Centre 371.61 ﷼ 371.61-464.51
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,655.57 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.00

These data are based on 33 entries in the past 18 months from 10 different contributors.
Last update: March 2024

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