Property Prices in Sharjah, United Arab Emirates

Index Info
Price to Income Ratio: 6.30
Mortgage as Percentage of Income: 49.26%
Loan Affordability Index: 2.03
Price to Rent Ratio - City Centre: 13.17
Price to Rent Ratio - Outside of Centre: 12.21
Gross Rental Yield (City Centre): 7.60%
Gross Rental Yield (Outside of Centre): 8.19%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,928.53 AED 2,000.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,722.27 AED 1,500.00-15,000.00
Apartment (3 bedrooms) in City Centre 4,870.71 AED 3,750.00-6,000.00
Apartment (3 bedrooms) Outside of Centre 3,773.63 AED 3,000.00-5,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 754.83 AED 603.86-929.02
Price per Square Feet to Buy Apartment Outside of Centre 603.86 AED 464.51-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,807.67 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.86 3.00-6.00

These data are based on 260 entries in the past 18 months from 58 different contributors.
Last update: May 2023

Sources and References
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