Property Prices in Ramallah, Palestine

Index Info
Price to Income Ratio: 6.16
Mortgage as Percentage of Income: 53.70%
Loan Affordability Index: 1.86
Price to Rent Ratio - City Centre: 13.35
Price to Rent Ratio - Outside of Centre: 11.98
Gross Rental Yield (City Centre): 7.49%
Gross Rental Yield (Outside of Centre): 8.34%
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 1,399.31 ₪ 1,000.00-1,900.00
Apartment (3 bedrooms) in City Centre 2,673.99 ₪ 2,243.93-3,000.00
Apartment (3 bedrooms) Outside of Centre 2,150.00 ₪ 2,000.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 419.17 ₪ 371.61-521.17
Price per Square Feet to Buy Apartment Outside of Centre 317.51 ₪ 278.71-347.44
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,216.67 ₪
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.17 5.00-7.00

These data are based on 68 entries in the past 18 months from 10 different contributors.
Last update: November 2024

Sources and References
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