Property Prices in Mecca, Saudi Arabia

Index
Price to Income Ratio:	4.09
Mortgage as Percentage of Income:	38.08%
Loan Affordability Index:	2.63
Price to Rent Ratio - City Centre:	22.95
Price to Rent Ratio - Outside of Centre:	21.26
Gross Rental Yield (City Centre):	4.36%
Gross Rental Yield (Outside of Centre):	4.70%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	840.00 ﷼	600.00-1,600.00
Apartment (1 bedroom) Outside of Centre	997.00 ﷼	588.00-1,500.00
Apartment (3 bedrooms) in City Centre	2,629.67 ﷼	1,300.00-3,918.67
Apartment (3 bedrooms) Outside of Centre	1,700.00 ﷼	900.00-2,200.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	520.79 ﷼	353.03-806.99
Price per Square Feet to Buy Apartment Outside of Centre	419.54 ﷼	219.36-806.99
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	6,181.91 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	7.00

These data are based on 38 entries in the past 18 months from 8 different contributors.
Last update: November 2024

Sources and References

Nearby cities:

Property Prices in Jeddah (Jiddah)	54.67 miles
Property Prices in At Ta'if	57.01 miles
Property Prices in Al-hawiyah	67.36 miles
Property Prices in Rabigh	128.68 miles
Property Prices in Al Qunfudhah	235.67 miles
Property Prices in Yanbu' Al Bahr	238.43 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	50,200.00
GDP Growth Rate:	8.68%
Population Growth Rate:	1.65%