Western Asia: Property Prices Index by City 2024 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
Beirut, Lebanon 32.4 5.3 6.0 18.7 16.6 392.0 0.3
Tel Aviv-Yafo, Israel 24.1 2.1 2.2 48.0 45.1 181.3 0.6
Yerevan, Armenia 20.1 6.1 8.4 16.5 11.9 313.1 0.3
Istanbul, Turkey 16.1 5.2 6.2 19.1 16.1 705.0 0.1
Antalya, Turkey 15.0 6.8 9.1 14.8 11.0 322.2 0.3
Baku, Azerbaijan 14.1 6.0 6.1 16.6 16.4 158.1 0.6
Tbilisi, Georgia 14.0 8.3 9.8 12.0 10.2 177.1 0.6
Batumi, Ajara, Georgia 10.8 9.0 9.3 11.1 10.7 142.8 0.7
Limassol, Cyprus 10.4 7.1 7.2 14.2 13.9 76.1 1.3
Izmir, Turkey 9.9 6.1 7.3 16.4 13.8 282.9 0.4
Haifa, Israel 9.5 2.9 3.3 34.6 30.4 70.7 1.4
Kuwait City, Kuwait 9.4 3.6 5.4 28.0 18.4 79.4 1.3
Bursa, Turkey 9.1 6.9 5.9 14.6 16.9 354.7 0.3
Ankara, Turkey 9.0 6.8 6.9 14.7 14.4 372.7 0.3
Amman, Jordan 7.8 6.3 7.4 15.8 13.6 75.0 1.3
Nicosia, Cyprus 6.8 6.2 6.7 16.0 14.9 48.5 2.1
Abu Dhabi, United Arab Emirates 5.8 6.2 5.4 16.3 18.6 47.7 2.1
Doha, Qatar 5.6 8.1 6.7 12.4 14.9 44.8 2.2
Dubai, United Arab Emirates 4.9 10.4 11.3 9.6 8.8 38.5 2.6
Muscat, Oman 4.6 8.1 7.8 12.3 12.8 35.6 2.8
Jeddah (Jiddah), Saudi Arabia 3.7 5.8 6.8 17.1 14.7 28.0 3.6
Riyadh, Saudi Arabia 2.8 12.2 12.4 8.2 8.1 21.6 4.6