Property Prices in Ras al-Khaimah, United Arab Emirates

Index Info
Price to Income Ratio: 5.38
Mortgage as Percentage of Income: 42.61%
Loan Affordability Index: 2.35
Price to Rent Ratio - City Centre: 19.50
Price to Rent Ratio - Outside of Centre: 8.19
Gross Rental Yield (City Centre): 5.13%
Gross Rental Yield (Outside of Centre): 12.20%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,858.73 AED 1,800.00-5,000.00
Apartment (1 bedroom) Outside of Centre 3,633.33 AED 2,800.00-5,000.00
Apartment (3 bedrooms) in City Centre 7,666.67 AED 3,500.00-12,000.00
Apartment (3 bedrooms) Outside of Centre 7,666.67 AED 6,000.00-10,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,378.91 AED 929.02-1,999.98
Price per Square Feet to Buy Apartment Outside of Centre 650.32 AED 371.61-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 10,150.00 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.00 3.50-6.00

These data are based on 44 entries in the past 18 months from 11 different contributors.
Last update: February 2024

Sources and References
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