Property Prices in Ajman, United Arab Emirates

Index Info
Price to Income Ratio: 7.93
Mortgage as Percentage of Income: 58.77%
Loan Affordability Index: 1.70
Price to Rent Ratio - City Centre: 6.62
Price to Rent Ratio - Outside of Centre: 5.21
Gross Rental Yield (City Centre): 15.10%
Gross Rental Yield (Outside of Centre): 19.18%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 12,287.50 AED 3,800.00-26,000.00
Apartment (1 bedroom) Outside of Centre 6,412.50 AED 2,800.00-16,000.00
Apartment (3 bedrooms) in City Centre 17,725.00 AED 4,750.00-55,000.00
Apartment (3 bedrooms) Outside of Centre 21,062.50 AED 5,000.00-45,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,501.92 AED 696.77-2,043.85
Price per Square Feet to Buy Apartment Outside of Centre 929.02 AED 464.51-1,300.63
Salaries And Financing
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Average Monthly Net Salary (After Tax) 8,250.00 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.22 2.00-6.50

These data are based on 74 entries in the past 18 months from 15 different contributors.
Last update: November 2024

Sources and References
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1 Comments so far
Selina Rahman on Jan 23, 2021:
Why price to buy apt/house outside city centre is more than the price e in city centre in Ajman area ???