Jordan: House Prices, Rents, and Rental Yields
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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 |
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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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