Western Asia: Property Prices Index by City 2022 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
Damascus, Syria 147.5 4.1 4.6 24.3 21.8 1964.1 0.1
Beirut, Lebanon 30.4 5.1 7.0 19.4 14.2 319.8 0.3
Istanbul, Turkey 23.1 4.9 5.5 20.5 18.2 513.5 0.2
Tel Aviv-Yafo, Israel 20.8 2.4 2.8 41.1 36.0 143.8 0.7
Jerusalem, Israel 16.9 2.2 3.0 46.3 33.4 120.9 0.8
Yerevan, Armenia 16.5 6.9 9.0 14.5 11.1 215.6 0.5
Baku, Azerbaijan 14.8 4.2 5.4 23.9 18.6 174.2 0.6
Tbilisi, Georgia 13.6 9.6 11.1 10.4 9.0 190.1 0.5
Baghdad, Iraq 13.6 4.4 5.7 22.6 17.5 140.7 0.7
Bursa, Turkey 13.0 3.7 4.2 27.2 23.6 266.0 0.4
Izmir, Turkey 12.7 4.8 5.0 20.9 20.0 261.1 0.4
Kuwait City, Kuwait 12.5 3.3 5.1 30.7 19.6 104.7 1.0
Antalya, Turkey 11.9 9.0 11.7 11.1 8.5 242.3 0.4
Batumi, Ajara, Georgia 10.3 9.3 13.4 10.7 7.5 138.3 0.7
Ankara, Turkey 9.0 6.0 5.5 16.5 18.3 183.4 0.5
Haifa, Israel 8.9 3.2 3.1 31.3 31.9 62.4 1.6
Amman, Jordan 8.5 5.7 7.0 17.6 14.3 85.5 1.2
Limassol, Cyprus 7.7 7.4 9.1 13.6 11.0 49.8 2.0
Doha, Qatar 7.6 7.2 6.2 13.9 16.3 54.6 1.8
Larnaca, Cyprus 6.9 8.7 10.0 11.5 10.0 43.2 2.3
Nicosia, Cyprus 6.8 6.2 7.1 16.1 14.1 43.3 2.3
Paphos, Cyprus 6.3 7.7 7.7 13.0 13.0 40.7 2.5
Ramallah, Palestine 5.0 10.9 10.5 9.2 9.5 46.2 2.2
Abu Dhabi, United Arab Emirates 4.7 12.1 9.9 8.3 10.1 35.0 2.9
Muscat, Oman 4.7 7.7 6.8 13.0 14.6 37.2 2.7
Manama, Bahrain 3.9 13.7 13.2 7.3 7.6 33.6 3.0
Dubai, United Arab Emirates 3.4 8.8 9.1 11.3 11.0 24.6 4.1
Ad Dammam, Saudi Arabia 3.1 10.1 5.7 9.9 17.4 22.9 4.4
Jeddah (Jiddah), Saudi Arabia 3.1 7.5 7.4 13.4 13.4 23.5 4.3
Riyadh, Saudi Arabia 3.0 8.1 7.7 12.4 13.0 22.0 4.5