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Jordan: House Prices, Rents, and Rental Yields

Last Updated: Sep 10, 2008

Steady in Amman

Last Updated: Sep. 10, 2008
AMMAN - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
120 sq. m. 138,120 1,120 9.73% 1,151 9.33
240 sq. m. 270,000 1,944 8.64% 1,125 8.10
360 sq. m. 498,960 3,254 7.83% 1,386 9.04
AMMAN - Villas
780 sq. m. 1,581,060 6,076 4.61% 2,027 7.79
Districts researched
Abdoun, Jabal Amman, Um Uthainah, Sweifieh, Deir Ghbar
Source: Global Property Guide                    Definitions: Data FAQ                       See also: Update Schedule

Average yields for Amman apartments are steady, ranging from 7.83% to 9.73%, slightly up from the previous year. The smaller apartments of about 120 square metres, generate the highest yield of the bunch at 9.7%.

At the same time, per square metre prices has also remained stationary at an average of US$1,220. Global Property Guide figures show that the usual 360-sq. m. apartment has the most expensive per sq. m. price at US$1,386, and generates the lowest yields at 7.83%.

 

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