Property Prices in Sharjah, United Arab Emirates

Index Info
Price to Income Ratio: 8.84
Mortgage as Percentage of Income: 67.97%
Loan Affordability Index: 1.47
Price to Rent Ratio - City Centre: 18.15
Price to Rent Ratio - Outside of Centre: 13.66
Gross Rental Yield (City Centre): 5.51%
Gross Rental Yield (Outside of Centre): 7.32%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,611.11 AED 2,500.00-5,000.00
Apartment (1 bedroom) Outside of Centre 3,600.00 AED 2,000.00-5,000.00
Apartment (3 bedrooms) in City Centre 5,442.00 AED 4,000.00-9,000.00
Apartment (3 bedrooms) Outside of Centre 4,161.75 AED 3,000.00-6,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 1,230.96 AED 743.22-2,322.56
Price per Square Feet to Buy Apartment Outside of Centre 836.12 AED 557.41-929.02
Salaries And Financing
Average Monthly Net Salary (After Tax) 6,288.89 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.64 3.00-5.00

These data are based on 107 entries in the past 18 months from 27 different contributors.
Last update: February 2024

Sources and References
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