Property Prices in Ramallah, Palestine

Index Info
Price to Income Ratio: 6.38
Mortgage as Percentage of Income: 56.52%
Loan Affordability Index: 1.77
Price to Rent Ratio - City Centre: 11.61
Price to Rent Ratio - Outside of Centre: 11.20
Gross Rental Yield (City Centre): 8.62%
Gross Rental Yield (Outside of Centre): 8.93%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,737.13 ₪ 1,200.00-2,259.93
Apartment (1 bedroom) Outside of Centre 1,358.28 ₪ 1,000.00-1,900.00
Apartment (3 bedrooms) in City Centre 3,226.24 ₪ 2,259.93-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,257.08 ₪ 1,506.62-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 414.49 ₪ 371.61-524.88
Price per Square Feet to Buy Apartment Outside of Centre 297.61 ₪ 262.44-325.16
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,003.53 ₪
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.38 5.00-7.50

These data are based on 88 entries in the past 18 months from 14 different contributors.
Last update: March 2024

Sources and References
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