Property Prices in Ras al-Khaimah, United Arab Emirates

Index Info
Price to Income Ratio: 7.98
Mortgage as Percentage of Income: 62.75%
Loan Affordability Index: 1.59
Price to Rent Ratio - City Centre: 23.04
Price to Rent Ratio - Outside of Centre: 10.85
Gross Rental Yield (City Centre): 4.34%
Gross Rental Yield (Outside of Centre): 9.21%
Rent Per Month
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Apartment (1 bedroom) in City Centre 2,801.52 AED 1,800.00-5,000.00
Apartment (1 bedroom) Outside of Centre 3,110.10 AED 2,000.00-5,000.00
Apartment (3 bedrooms) in City Centre 8,416.67 AED 4,500.00-12,000.00
Apartment (3 bedrooms) Outside of Centre 6,666.67 AED 5,000.00-10,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,701.92 AED 1,207.73-2,099.98
Price per Square Feet to Buy Apartment Outside of Centre 743.00 AED 600.00-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 8,245.45 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.92 4.75-5.00

These data are based on 74 entries in the past 18 months from 16 different contributors.
Last update: January 2025

Sources and References
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