Western Asia: Property Prices Index by City 2016 Mid-Year

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
Tel Aviv-Yafo, Israel 19.1 2.5 3.0 39.8 33.4 129.5 0.8
Baku, Azerbaijan 18.9 5.4 5.3 18.5 18.8 232.8 0.4
Yerevan, Armenia 18.9 6.3 5.1 15.8 19.6 274.4 0.4
Beirut, Lebanon 14.1 6.4 6.9 15.7 14.5 120.9 0.8
Jerusalem, Israel 13.5 3.0 3.3 33.8 30.5 86.2 1.2
Tbilisi, Georgia 13.3 8.3 8.0 12.1 12.6 172.1 0.6
Istanbul, Turkey 11.5 4.9 6.2 20.4 16.2 159.4 0.6
Amman, Jordan 8.8 6.6 6.7 15.2 15.0 88.5 1.1
Izmir, Turkey 7.3 5.7 6.5 17.5 15.3 101.5 1.0
Nicosia, Cyprus 6.9 5.0 5.1 20.0 19.8 53.8 1.9
Ankara, Turkey 6.7 4.6 5.5 21.8 18.1 94.1 1.1
Doha, Qatar 5.8 9.9 8.6 10.1 11.6 43.6 2.3
Dubai, United Arab Emirates 5.6 10.0 11.7 10.0 8.5 41.2 2.4
Abu Dhabi, United Arab Emirates 4.9 10.2 11.0 9.8 9.1 37.1 2.7
Bursa, Turkey 4.6 5.6 6.5 17.8 15.4 65.4 1.5
Ad Dammam, Saudi Arabia 3.8 5.1 5.8 19.7 17.2 28.4 3.5
Jeddah (Jiddah), Saudi Arabia 3.4 7.0 8.6 14.3 11.6 28.4 3.5
Riyadh, Saudi Arabia 2.2 8.7 9.8 11.5 10.2 16.1 6.2