Property Prices in Ulaanbaatar, Mongolia

Index Info
Price to Income Ratio: 15.40
Mortgage as Percentage of Income: 135.44%
Loan Affordability Index: 0.74
Price to Rent Ratio - City Centre: 12.70
Price to Rent Ratio - Outside of Centre: 11.10
Gross Rental Yield (City Centre): 7.88%
Gross Rental Yield (Outside of Centre): 9.01%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,677,948.44 ₮ 1,301,535.97-2,700,000.00
Apartment (1 bedroom) Outside of Centre 1,314,285.71 ₮ 1,000,000.00-1,800,000.00
Apartment (3 bedrooms) in City Centre 3,571,428.57 ₮ 2,500,000.00-5,000,000.00
Apartment (3 bedrooms) Outside of Centre 2,285,714.29 ₮ 1,500,000.00-3,000,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 467,298.40 ₮ 371,609.07-743,218.13
Price per Square Feet to Buy Apartment Outside of Centre 291,093.77 ₮ 260,126.35-371,609.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,325,454.55 ₮
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.29 6.00-8.00

These data are based on 98 entries in the past 18 months from 16 different contributors.
Last update: May 2024

Sources and References
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