Property Prices in Medina, Saudi Arabia

Index Info
Price to Income Ratio: 4.35
Mortgage as Percentage of Income: 28.96%
Loan Affordability Index: 3.45
Price to Rent Ratio - City Centre: 17.96
Price to Rent Ratio - Outside of Centre: 13.44
Gross Rental Yield (City Centre): 5.57%
Gross Rental Yield (Outside of Centre): 7.44%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,675.85 ﷼ 800.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,775.00 ﷼ 800.00-4,500.00
Apartment (3 bedrooms) in City Centre 2,685.61 ﷼ 2,000.00-5,000.00
Apartment (3 bedrooms) Outside of Centre 1,550.00 ﷼ 1,400.00-5,500.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 580.06 ﷼ 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) 5,886.12 ﷼
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.00 3.00-3.00

These data are based on 50 entries in the past 18 months from 11 different contributors.
Last update: November 2024

Sources and References
Sign Up for Our Newsletter:
Your Email Address:
Leave a comment:

Your name: Sign In

Your email address (optional):

Your comment (no HTML):

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