Western Asia: Property Prices Index by City 2017 Mid-Year

Chart: Price to Income Ratio
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Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Baku, Azerbaijan 20.7 5.4 5.5 18.4 18.2 245.1 0.4
Tel Aviv-Yafo, Israel 20.0 2.2 2.5 46.4 39.6 135.6 0.7
Jerusalem, Israel 18.4 2.2 3.5 45.3 28.7 119.0 0.8
Beirut, Lebanon 16.1 5.2 6.0 19.1 16.7 149.6 0.7
Tbilisi, Georgia 14.5 7.3 7.4 13.7 13.5 180.3 0.6
Yerevan, Armenia 13.3 6.4 4.9 15.7 20.4 176.9 0.6
Istanbul, Turkey 12.4 4.6 5.4 21.7 18.5 164.9 0.6
Izmir, Turkey 8.8 5.2 5.9 19.2 16.9 118.8 0.8
Amman, Jordan 7.9 7.8 8.1 12.9 12.3 79.9 1.3
Haifa, Israel 7.7 2.6 3.4 39.0 29.6 49.9 2.0
Ankara, Turkey 6.7 5.4 5.5 18.6 18.1 87.1 1.1
Doha, Qatar 6.1 10.0 9.9 10.0 10.1 47.6 2.1
Dubai, United Arab Emirates 5.4 10.2 11.5 9.8 8.7 39.5 2.5
Nicosia, Cyprus 5.2 5.7 5.5 17.6 18.2 39.7 2.5
Bursa, Turkey 5.0 5.8 6.3 17.2 15.8 75.2 1.3
Abu Dhabi, United Arab Emirates 4.5 10.7 10.9 9.4 9.2 33.8 3.0
Limassol, Cyprus 4.5 7.0 7.7 14.3 12.9 34.4 2.9
Jeddah (Jiddah), Saudi Arabia 3.5 8.2 7.6 12.2 13.2 28.3 3.5
Riyadh, Saudi Arabia 2.7 9.6 10.2 10.4 9.8 20.1 5.0