Property Prices in Ras al-Khaimah, United Arab Emirates
| Index |  |
|---|---|
| Price to Income Ratio: | 6.87 |
| Mortgage as Percentage of Income: | 54.45% |
| Loan Affordability Index: | 1.84 |
| Price to Rent Ratio - City Centre: | 21.54 |
| Price to Rent Ratio - Outside of Centre: | 10.60 |
| Gross Rental Yield (City Centre): | 4.64% |
| Gross Rental Yield (Outside of Centre): | 9.44% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 2,903.95 AED | |
| Apartment (1 bedroom) Outside of Centre | 3,258.80 AED | |
| Apartment (3 bedrooms) in City Centre | 9,200.00 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) | 9,570.00 AED | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 5.00 |
These data are based on 68 entries in the past 18 months from 15 different contributors.
Last update: December 2024
Sources and References
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