Property Prices in Ramallah, Palestine

Index Info
Price to Income Ratio: 6.10
Mortgage as Percentage of Income: 53.18%
Loan Affordability Index: 1.88
Price to Rent Ratio - City Centre: 12.28
Price to Rent Ratio - Outside of Centre: 11.73
Gross Rental Yield (City Centre): 8.14%
Gross Rental Yield (Outside of Centre): 8.52%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,600.00 ₪ 1,000.00-3,000.00
Apartment (1 bedroom) Outside of Centre 1,417.73 ₪ 1,000.00-1,900.00
Apartment (3 bedrooms) in City Centre 2,655.49 ₪ 2,132.94-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,180.00 ₪ 2,000.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 384.33 ₪ 334.45-429.34
Price per Square Feet to Buy Apartment Outside of Centre 315.03 ₪ 278.71-330.26
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,083.33 ₪
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.17 5.00-7.00

These data are based on 63 entries in the past 18 months from 9 different contributors.
Last update: January 2025

Sources and References
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