Property Prices in Ramallah, Palestine

Index Info
Price to Income Ratio: 5.21
Mortgage as Percentage of Income: 43.91%
Loan Affordability Index: 2.28
Price to Rent Ratio - City Centre: 11.10
Price to Rent Ratio - Outside of Centre: 11.53
Gross Rental Yield (City Centre): 9.01%
Gross Rental Yield (Outside of Centre): 8.67%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,583.33 ₪ 1,000.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,300.00 ₪ 1,000.00-1,900.00
Apartment (3 bedrooms) in City Centre 3,050.00 ₪ 2,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,450.00 ₪ 2,000.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 367.50 ₪ 325.16-507.66
Price per Square Feet to Buy Apartment Outside of Centre 310.34 ₪ 278.71-338.44
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,500.00 ₪
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.75 5.00-7.00

These data are based on 66 entries in the past 18 months from 9 different contributors.
Last update: February 2025

Sources and References
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