Western Asia: Property Prices Index by City 2023

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Chart: Price to Income Ratio
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Rank
City
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
Beirut, Lebanon 41.3 4.7 7.3 21.5 13.7 496.3 0.2
Istanbul, Turkey 21.0 5.6 6.5 18.0 15.4 503.8 0.2
Tel Aviv-Yafo, Israel 20.5 2.4 2.7 41.4 36.7 142.6 0.7
Jerusalem, Israel 18.4 2.3 2.4 42.8 42.0 131.5 0.8
Eskisehir, Turkey 17.0 2.9 3.7 34.4 27.1 350.4 0.3
Yerevan, Armenia 16.6 9.0 12.6 11.2 8.0 222.0 0.5
Baghdad, Iraq 15.1 4.5 6.1 22.1 16.3 155.5 0.6
Ramat Gan, Israel 15.0 3.0 3.5 33.6 28.9 105.4 0.9
Mersin, Turkey 14.9 4.5 4.4 22.0 22.8 292.7 0.3
Tbilisi, Georgia 14.5 10.4 12.4 9.6 8.1 192.1 0.5
Baku, Azerbaijan 14.2 4.8 5.6 21.0 18.0 152.1 0.7
Antalya, Turkey 13.9 9.9 13.0 10.1 7.7 284.4 0.4
Kuwait City, Kuwait 13.6 3.0 4.9 32.8 20.4 113.5 0.9
Izmir, Turkey 13.5 5.6 5.7 17.7 17.7 283.9 0.4
Bursa, Turkey 11.8 4.6 5.3 21.6 18.8 241.7 0.4
Batumi, Ajara, Georgia 10.3 10.5 12.0 9.6 8.3 142.0 0.7
Haifa, Israel 8.6 3.0 3.2 33.8 31.1 59.6 1.7
Ankara, Turkey 8.6 7.7 7.1 13.0 14.2 184.2 0.5
Limassol, Cyprus 8.4 9.9 10.6 10.1 9.4 54.7 1.8
Amman, Jordan 8.3 5.8 7.2 17.2 13.9 81.4 1.2
Nicosia, Cyprus 6.7 6.4 7.1 15.6 14.0 43.0 2.3
Larnaca, Cyprus 6.6 9.3 10.1 10.8 9.9 43.2 2.3
Doha, Qatar 6.4 8.4 7.4 11.9 13.6 46.9 2.1
Ramallah, Palestine 5.0 8.9 9.2 11.2 10.8 45.8 2.2
Abu Dhabi, United Arab Emirates 5.0 9.4 7.8 10.6 12.9 37.6 2.7
Muscat, Oman 4.1 7.5 8.4 13.2 12.0 32.7 3.1
Dubai, United Arab Emirates 3.6 10.3 9.8 9.7 10.2 26.0 3.9
Jeddah (Jiddah), Saudi Arabia 3.5 8.0 7.4 12.5 13.6 25.9 3.9
Riyadh, Saudi Arabia 3.3 8.4 8.8 11.8 11.4 24.0 4.2
Ad Dammam, Saudi Arabia 3.0 7.6 6.1 13.1 16.5 21.9 4.6