Western Asia: Property Prices Index by City 2018 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 20.9 2.2 2.5 44.6 40.3 146.0 0.7
Baku, Azerbaijan 16.3 5.5 5.7 18.2 17.5 174.9 0.6
Beirut, Lebanon 14.5 5.3 6.5 18.9 15.3 124.6 0.8
Yerevan, Armenia 14.5 6.2 5.9 16.1 16.9 197.5 0.5
Istanbul, Turkey 12.5 4.5 5.5 22.4 18.2 187.6 0.5
Tbilisi, Georgia 12.2 6.8 6.9 14.8 14.6 134.4 0.7
Haifa, Israel 9.6 2.6 3.6 38.2 28.0 64.0 1.6
Limassol, Cyprus 8.7 5.8 6.7 17.3 15.0 63.9 1.6
Izmir, Turkey 8.4 5.2 5.2 19.2 19.1 117.4 0.9
Amman, Jordan 7.3 7.0 7.9 14.3 12.7 73.1 1.4
Nicosia, Cyprus 7.1 5.5 6.0 18.1 16.7 48.5 2.1
Ankara, Turkey 6.2 5.3 5.3 19.0 18.7 95.2 1.1
Bursa, Turkey 5.9 5.0 6.4 20.0 15.5 89.9 1.1
Abu Dhabi, United Arab Emirates 5.8 9.8 9.2 10.2 10.8 43.7 2.3
Antalya, Turkey 5.6 5.8 5.5 17.1 18.1 76.1 1.3
Doha, Qatar 4.7 9.1 10.6 11.0 9.4 35.3 2.8
Dubai, United Arab Emirates 3.4 13.1 11.5 7.7 8.7 24.4 4.1
Jeddah (Jiddah), Saudi Arabia 3.0 8.2 6.3 12.3 15.9 22.3 4.5
Riyadh, Saudi Arabia 2.7 8.8 8.7 11.4 11.4 19.3 5.2