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Sep 22, 2012

Jordan: gross rental yields are good


Last Updated: Sep. 22, 2012
AMMAN - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
150 sq. m. 198,900 1,356 8.18% 1,326 9.04
250 sq. m. 317,750 2,060 7.78% 1,271 8.24
350 sq. m. 445,900 2,356 6.34% 1,274 6.73
AMMAN - Villas
500 sq. m. 986,000 4,445 5.41% 1,972 8.89
1250 sq. m. 2,856,250 11,963 5.03% 2,285 9.57
Districts researched
Abdoun, Jabal Amman, Um Uthainah, Sweifieh, Deir Ghbar
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Typically, it costs around US$1,800 per square metre to buy an apartment in Jordan’s capital Amman – less at the lower end, more for larger apartments.

Gross rental yields on apartments in Amman are good, at around 7.5%.

Yields on villas are much lower, at around 3.5% to 5%. This is because villas tend to cost substantially more on a per square metre basis, because of the land value.





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Jordan Q4 2012 report
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