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Last Updated: Sep. 29, 2009 |
| AMMAN - Apartments |
COST (US$) |
YIELD (p.a.) |
PRICE/SQ.M. (US$) |
| TO BUY |
MONTHLY RENT |
TO BUY |
MONTHLY RENT |
| 150 sq. m. |
170,700 |
1,211 |
8.51% |
1,138 |
8.07 |
| 250 sq. m. |
317,750 |
1,878 |
7.09% |
1,271 |
7.51 |
| 350 sq. m. |
407,050 |
2,429 |
7.16% |
1,163 |
6.94 |
| AMMAN - Villas |
|
| 450 sq. m. |
997,650 |
2,916 |
3.51% |
2,217 |
6.48 |
| 750 sq. m. |
1,540,500 |
6,473 |
5.04% |
2,054 |
8.63 |
| 1200 sq. m. |
2,776,800 |
7,704 |
3.33% |
2,314 |
6.42 |
Districts researched
Abdoun, Jabal Amman, Um Uthainah, Sweifieh, Deir Ghbar
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
Not much has changed in the past year in terms of prices and rents in Amman, Jordan. If anything, the trend is down, through some categories are a little cheaper, others a little more expensive. Apartment rents have definitely fallen a little, and the result is that gross rental yields on apartments in Amman now range between 7% and 8.5%.
These yields are significantly down on four years ago, when we started keeping track, when rental yields on apartments of 80 square metres and 120 square metres were 16% and 14% respectively.
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