Property Prices in Medina, Saudi Arabia

Index Info
Price to Income Ratio: 4.21
Mortgage as Percentage of Income: 28.02%
Loan Affordability Index: 3.57
Price to Rent Ratio - City Centre: 20.15
Price to Rent Ratio - Outside of Centre: 23.61
Gross Rental Yield (City Centre): 4.96%
Gross Rental Yield (Outside of Centre): 4.24%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,283.97 ﷼ 500.0-3,000.0
Apartment (1 bedroom) Outside of Centre 700.0 ﷼ 500.0-800.0
Apartment (3 bedrooms) in City Centre 2,857.36 ﷼ 2,300.0-4,000.0
Apartment (3 bedrooms) Outside of Centre 1,566.67 ﷼ 1,400.0-1,800.0
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 580.25 ﷼ 557.41-603.86
Price per Square Feet to Buy Apartment Outside of Centre 371.61 ﷼ 371.61-464.51
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 6,084.14 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.0 3.0-3.0

These data are based on 41 entries in the past 18 months from 10 different contributors.
Last update: October 2024

Sources and References
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2 Comments so far
Luqman mallu on Jun 03, 2021:
I am a muslim living in the UK, I want to know if I can move do hijrah to medina saudi arabia and live there? And want to know how much are house prices for 2 bedroom and 3 bedroom houses, jazakallah
Muhammad imran on Sep 11, 2020:
Sir I want to shift in madinah for living purpose with my faimly