Property Prices in Sharjah, United Arab Emirates

Index Info
Price to Income Ratio: 4.13
Mortgage as Percentage of Income: 30.39%
Loan Affordability Index: 3.29
Price to Rent Ratio - City Centre: 11.70
Price to Rent Ratio - Outside of Centre: 10.11
Gross Rental Yield (City Centre): 8.54%
Gross Rental Yield (Outside of Centre): 9.89%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,476.83 AED 2,000.00-4,500.00
Apartment (1 bedroom) Outside of Centre 1,789.22 AED 1,416.67-2,500.00
Apartment (3 bedrooms) in City Centre 5,215.55 AED 3,333.30-7,500.00
Apartment (3 bedrooms) Outside of Centre 3,738.09 AED 2,833.30-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 632.53 AED 290.32-929.02
Price per Square Feet to Buy Apartment Outside of Centre 393.15 AED 250.00-557.41
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,677.42 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.12 3.00-5.00

These data are based on 149 entries in the past 18 months from 29 different contributors.
Last update: June 2021

Sources and References
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