Property Prices in Ras al-Khaimah, United Arab Emirates

Index Info
Price to Income Ratio: 8.17
Mortgage as Percentage of Income: 64.00%
Loan Affordability Index: 1.56
Price to Rent Ratio - City Centre: 25.15
Price to Rent Ratio - Outside of Centre: 11.14
Gross Rental Yield (City Centre): 3.98%
Gross Rental Yield (Outside of Centre): 8.97%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,679.17 AED 1,600.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,833.33 AED 2,000.00-5,000.00
Apartment (3 bedrooms) in City Centre 7,250.00 AED 3,500.00-12,000.00
Apartment (3 bedrooms) Outside of Centre 5,500.00 AED 3,500.00-7,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,674.99 AED 1,199.99-2,099.98
Price per Square Feet to Buy Apartment Outside of Centre 662.49 AED 600.00-749.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 7,702.31 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.88 4.75-5.00

These data are based on 84 entries from 18 contributors over the past 18 months.
Last update: 31 May 2025

Sources and References
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