Property Prices in Ad Dammam, Saudi Arabia

Index Info
Price to Income Ratio: 2.38
Mortgage as Percentage of Income: 17.29%
Loan Affordability Index: 5.78
Price to Rent Ratio - City Centre: 12.95
Price to Rent Ratio - Outside of Centre: 14.26
Gross Rental Yield (City Centre): 7.72%
Gross Rental Yield (Outside of Centre): 7.01%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,500.00 ﷼ 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 2,833.29 ﷼ 2,000.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,250.00 ﷼ 1,700.00-2,500.00
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) 8,950.62 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.00 2.40-5.00

These data are based on 76 entries in the past 18 months from 18 different contributors.
Last update: January 2025

Sources and References
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