Property Prices in Saudi Arabia
| Index |  |
|---|---|
| Price to Income Ratio: | 3.10 |
| Mortgage as Percentage of Income: | 23.78% |
| Loan Affordability Index: | 4.20 |
| Price to Rent Ratio - City Centre: | 15.91 |
| Price to Rent Ratio - Outside of Centre: | 13.84 |
| Gross Rental Yield (City Centre): | 6.29% |
| Gross Rental Yield (Outside of Centre): | 7.23% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,771.55 ﷼ | |
| Apartment (1 bedroom) Outside of Centre | 1,383.69 ﷼ | |
| Apartment (3 bedrooms) in City Centre | 3,321.55 ﷼ | |
| Apartment (3 bedrooms) Outside of Centre | 2,285.99 ﷼ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 581.94 ﷼ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 373.74 ﷼ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 8,295.90 ﷼ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.62 |
These data are based on 1070 entries in the past 18 months from 210 different contributors.
Last update: November 2024
Our data for each country are based on all entries from all cities in that country.
Sources and References
By City in Saudi Arabia
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 |
|---|---|---|---|---|---|---|---|---|
| Ad Dammam | 2.5 | 6.9 | 6.4 | 14.4 | 15.7 | 17.9 | 5.6 | |
| Al Khobar | 4.1 | 4.7 | 6.1 | 21.5 | 16.4 | 30.5 | 3.3 | |
| Jeddah (Jiddah) | 3.5 | 4.8 | 7.5 | 20.8 | 13.4 | 26.4 | 3.8 | |
| Jubail | 5.0 | 3.2 | 4.7 | 31.0 | 21.2 | 41.1 | 2.4 | |
| Mecca | 4.1 | 4.4 | 4.7 | 22.9 | 21.3 | 38.1 | 2.6 | |
| Medina | 4.4 | 5.6 | 7.4 | 18.0 | 13.4 | 29.0 | 3.5 | |
| Riyadh | 3.1 | 10.7 | 11.5 | 9.3 | 8.7 | 25.5 | 3.9 |
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