Property Prices in Ad Dammam, Saudi Arabia

Index Info
Price to Income Ratio: 2.47
Mortgage as Percentage of Income: 17.95%
Loan Affordability Index: 5.57
Price to Rent Ratio - City Centre: 15.54
Price to Rent Ratio - Outside of Centre: 16.4
Gross Rental Yield (City Centre): 6.44%
Gross Rental Yield (Outside of Centre): 6.1%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,200.0 ﷼ 1,000.0-1,700.0
Apartment (1 bedroom) Outside of Centre 1,178.57 ﷼ 800.0-1,800.0
Apartment (3 bedrooms) in City Centre 2,472.17 ﷼ 2,000.0-3,500.0
Apartment (3 bedrooms) Outside of Centre 2,083.33 ﷼ 1,500.0-2,500.0
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) 8,624.17 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.0 2.4-5.0

These data are based on 72 entries in the past 18 months from 17 different contributors.
Last update: November 2024

Sources and References
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