Property Prices in Djibouti, Djibouti

Index Info
Price to Income Ratio: 12.33
Mortgage as Percentage of Income: 138.84%
Loan Affordability Index: 0.72
Price to Rent Ratio - City Centre: 42.21
Price to Rent Ratio - Outside of Centre: 113.25
Gross Rental Yield (City Centre): 2.37%
Gross Rental Yield (Outside of Centre): 0.88%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 390,000.00 Fdj
Apartment (1 bedroom) Outside of Centre 40,000.00 Fdj
Apartment (3 bedrooms) in City Centre 175,000.00 Fdj 150,000.00-200,000.00
Apartment (3 bedrooms) Outside of Centre 234,215.65 Fdj 90,000.00-400,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 220,938.42 Fdj
Price per Square Feet to Buy Apartment Outside of Centre 184,910.40 Fdj
Salaries And Financing
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Average Monthly Net Salary (After Tax) 886,028.98 Fdj
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.60 7.20-12.00

These data are based on 12 entries in the past 18 months from 3 different contributors.
Last update: January 2025

Sources and References
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