Western Asia: Property Prices Index by Country 2023

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Chart: Price to Income Ratio
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Rank
Country
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Syria 86.7 3.1 3.7 32.2 27.3 1089.3 0.1
Lebanon 18.3 5.6 6.5 17.9 15.5 197.7 0.5
Armenia 17.2 8.5 11.8 11.8 8.4 232.8 0.4
Azerbaijan 14.5 4.7 5.2 21.1 19.1 158.8 0.6
Israel 14.1 2.8 2.9 35.1 34.5 98.5 1.0
Georgia 13.3 10.0 12.1 10.0 8.3 177.4 0.6
Turkey 12.6 5.6 6.1 17.8 16.5 267.7 0.4
Kuwait 11.5 3.1 4.7 32.5 21.2 90.7 1.1
Iraq 8.1 6.5 7.9 15.4 12.7 89.7 1.1
Jordan 7.4 5.8 6.7 17.2 14.8 72.5 1.4
Cyprus 6.8 9.4 10.2 10.7 9.8 44.2 2.3
Palestine 5.6 7.6 8.1 13.2 12.3 50.6 2.0
Qatar 5.3 7.7 7.8 13.0 12.9 38.4 2.6
Oman 3.6 7.2 6.8 13.9 14.6 28.0 3.6
Saudi Arabia 3.0 6.9 7.2 14.5 13.9 22.0 4.5
United Arab Emirates 3.0 12.2 10.4 8.2 9.6 20.8 4.8