Property Prices in Mecca, Saudi Arabia

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Index Info
Price to Income Ratio: 4.20
Mortgage as Percentage of Income: 34.68%
Loan Affordability Index: 2.88
Price to Rent Ratio - City Centre: 23.02
Price to Rent Ratio - Outside of Centre: 13.01
Gross Rental Yield (City Centre): 4.34%
Gross Rental Yield (Outside of Centre): 7.69%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 883.33 ﷼ 600.00-1,100.00
Apartment (1 bedroom) Outside of Centre 1,157.60 ﷼ 588.00-6,096.10
Apartment (3 bedrooms) in City Centre 2,545.56 ﷼ 1,300.00-12,192.21
Apartment (3 bedrooms) Outside of Centre 3,890.04 ﷼ 900.00-10,160.17
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 523.74 ﷼ 361.85-806.99
Price per Square Feet to Buy Apartment Outside of Centre 424.26 ﷼ 232.26-806.99
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 6,071.50 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.50 4.00-7.00

These data are based on 46 entries from 10 contributors over the past 18 months.
Last update: April 2025

Sources and References
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1 Comments so far
Nurdian on Nov 23, 2024:
Assalamualaikum warahmatullahi wabarakaatuh.
I wish to purchase a few apartments and a landed building. The premises must be a walking distance to Kaabatullah
Please send me your quotation.
Wassalamu.