Property Prices in Ras al-Khaimah, United Arab Emirates
| Index |  |
|---|---|
| Price to Income Ratio: | 8.25 |
| Mortgage as Percentage of Income: | 64.88% |
| Loan Affordability Index: | 1.54 |
| Price to Rent Ratio - City Centre: | 24.17 |
| Price to Rent Ratio - Outside of Centre: | 11.55 |
| Gross Rental Yield (City Centre): | 4.14% |
| Gross Rental Yield (Outside of Centre): | 8.66% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,777.27 AED | |
| Apartment (1 bedroom) Outside of Centre | 2,944.44 AED | |
| Apartment (3 bedrooms) in City Centre | 7,785.71 AED | |
| Apartment (3 bedrooms) Outside of Centre | 6,214.29 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) | 7,975.00 AED | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.92 |
These data are based on 78 entries from 17 contributors over the past 18 months.
Last update: April 2025
Sources and References
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