Property Prices in Sharjah, United Arab Emirates

Index Info
Price to Income Ratio: 4.30
Mortgage as Percentage of Income: 31.52%
Loan Affordability Index: 3.17
Price to Rent Ratio - City Centre: 11.90
Price to Rent Ratio - Outside of Centre: 10.80
Gross Rental Yield (City Centre): 8.40%
Gross Rental Yield (Outside of Centre): 9.26%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,616.65 AED 2,000.00-4,500.00
Apartment (1 bedroom) Outside of Centre 1,807.89 AED 1,500.00-2,500.00
Apartment (3 bedrooms) in City Centre 5,540.62 AED 4,000.00-8,000.00
Apartment (3 bedrooms) Outside of Centre 3,727.08 AED 2,833.30-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 681.42 AED 371.61-929.02
Price per Square Feet to Buy Apartment Outside of Centre 421.78 AED 250.84-603.86
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,898.62 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.08 3.00-5.00

These data are based on 161 entries in the past 18 months from 31 different contributors.
Last update: January 2021

Sources and References
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