Property Prices in United Arab Emirates

Index Info
Price to Income Ratio: 6.79
Mortgage as Percentage of Income: 52.85%
Loan Affordability Index: 1.89
Price to Rent Ratio - City Centre: 15.19
Price to Rent Ratio - Outside of Centre: 13.14
Gross Rental Yield (City Centre): 6.58%
Gross Rental Yield (Outside of Centre): 7.61%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 6,026.23 AED 2,905.52-12,000.00
Apartment (1 bedroom) Outside of Centre 4,183.04 AED 2,500.00-7,000.00
Apartment (3 bedrooms) in City Centre 11,708.42 AED 5,931.07-23,874.37
Apartment (3 bedrooms) Outside of Centre 8,404.83 AED 4,374.44-15,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,921.69 AED 1,199.99-2,999.98
Price per Square Feet to Buy Apartment Outside of Centre 1,172.48 AED 799.99-1,523.60
Salaries And Financing
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Average Monthly Net Salary (After Tax) 12,260.63 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.79 3.00-6.50

These data are based on 1013 entries in the past 18 months from 192 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 United Arab Emirates

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
Abu Dhabi 5.9 6.4 5.9 15.7 16.9 47.2 2.1
Ajman 7.9 15.1 19.2 6.6 5.2 58.8 1.7
Dubai 7.1 8.0 9.4 12.5 10.6 54.8 1.8
Ras al-Khaimah 6.7 4.6 9.4 21.5 10.6 53.2 1.9
Sharjah 12.3 2.9 3.6 34.0 28.2 94.0 1.1
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