Property Prices in Sharjah, United Arab Emirates

Index Info
Price to Income Ratio: 12.29
Mortgage as Percentage of Income: 93.30%
Loan Affordability Index: 1.07
Price to Rent Ratio - City Centre: 29.28
Price to Rent Ratio - Outside of Centre: 24.00
Gross Rental Yield (City Centre): 3.41%
Gross Rental Yield (Outside of Centre): 4.17%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,348.69 AED 2,200.00-5,000.00
Apartment (1 bedroom) Outside of Centre 3,221.18 AED 2,000.00-5,000.00
Apartment (3 bedrooms) in City Centre 5,572.17 AED 4,000.00-9,000.00
Apartment (3 bedrooms) Outside of Centre 4,399.40 AED 3,000.00-6,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,920.14 AED 929.02-3,499.97
Price per Square Feet to Buy Apartment Outside of Centre 1,396.76 AED 929.02-2,799.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 7,262.50 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.50 3.50-5.00

These data are based on 117 entries in the past 18 months from 23 different contributors.
Last update: July 2024

Sources and References
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