Property Prices in Sharjah, United Arab Emirates

Index Info
Price to Income Ratio: 12.30
Mortgage as Percentage of Income: 94.02%
Loan Affordability Index: 1.06
Price to Rent Ratio - City Centre: 34.05
Price to Rent Ratio - Outside of Centre: 28.17
Gross Rental Yield (City Centre): 2.94%
Gross Rental Yield (Outside of Centre): 3.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,233.31 AED 2,500.00-5,000.00
Apartment (1 bedroom) Outside of Centre 2,956.38 AED 2,000.00-5,000.00
Apartment (3 bedrooms) in City Centre 5,931.07 AED 4,000.00-9,000.00
Apartment (3 bedrooms) Outside of Centre 4,374.44 AED 3,000.00-6,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,250.52 AED 929.02-3,499.97
Price per Square Feet to Buy Apartment Outside of Centre 1,552.67 AED 929.02-2,799.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 8,323.08 AED
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.58 4.00-5.00

These data are based on 118 entries in the past 18 months from 23 different contributors.
Last update: November 2024

Sources and References
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