Property Prices in Ras al-Khaimah, United Arab Emirates
| Index |  |
|---|---|
| Price to Income Ratio: | 7.98 |
| Mortgage as Percentage of Income: | 62.75% |
| Loan Affordability Index: | 1.59 |
| Price to Rent Ratio - City Centre: | 22.92 |
| Price to Rent Ratio - Outside of Centre: | 10.76 |
| Gross Rental Yield (City Centre): | 4.36% |
| Gross Rental Yield (Outside of Centre): | 9.29% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,835.00 AED | |
| Apartment (1 bedroom) Outside of Centre | 3,162.50 AED | |
| Apartment (3 bedrooms) in City Centre | 8,416.67 AED | |
| Apartment (3 bedrooms) Outside of Centre | 6,666.67 AED | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,701.92 AED | |
| Price per Square Feet to Buy Apartment Outside of Centre | 743.00 AED | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 8,245.45 AED | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.92 |
These data are based on 71 entries in the past 18 months from 16 different contributors.
Last update: February 2025
Sources and References
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