Property Prices in Maldives

Index Info
Price to Income Ratio: 9.81
Mortgage as Percentage of Income: 132.97%
Loan Affordability Index: 0.75
Price to Rent Ratio - City Centre: 14.39
Price to Rent Ratio - Outside of Centre: 6.89
Gross Rental Yield (City Centre): 6.95%
Gross Rental Yield (Outside of Centre): 14.52%
Rent Per Month
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Apartment (1 bedroom) in City Centre 14,800.00 Rf 10,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 10,555.56 Rf 9,000.00-16,000.00
Apartment (3 bedrooms) in City Centre 25,333.33 Rf 20,000.00-38,000.00
Apartment (3 bedrooms) Outside of Centre 21,000.00 Rf 18,000.00-30,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 4,222.63 Rf 2,499.98-7,699.94
Price per Square Feet to Buy Apartment Outside of Centre 1,543.34 Rf 715.35-3,499.97
Salaries And Financing
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Average Monthly Net Salary (After Tax) 15,810.79 Rf
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.40 8.00-15.00

These data are based on 93 entries in the past 18 months from 17 different contributors.
Last update: March 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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