Property Prices in Ad Dammam, Saudi Arabia

Index Info
Price to Income Ratio: 2.30
Mortgage as Percentage of Income: 16.74%
Loan Affordability Index: 5.98
Price to Rent Ratio - City Centre: 11.97
Price to Rent Ratio - Outside of Centre: 13.98
Gross Rental Yield (City Centre): 8.36%
Gross Rental Yield (Outside of Centre): 7.15%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,666.67 ﷼ 1,000.00-2,200.00
Apartment (1 bedroom) Outside of Centre 1,421.43 ﷼ 900.00-2,000.00
Apartment (3 bedrooms) in City Centre 2,972.17 ﷼ 2,333.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,360.00 ﷼ 2,000.00-4,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 402.56 ﷼ 278.71-743.22
Price per Square Feet to Buy Apartment Outside of Centre 388.64 ﷼ 232.26-510.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 9,249.17 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.00 2.40-5.00

These data are based on 73 entries in the past 18 months from 17 different contributors.
Last update: March 2025

Sources and References
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