Find out actual data about & Safety Index in Al `arish, Egypt
| Index | |
|---|---|
| Price to Income Ratio | 12.87 |
| Mortgage as Percentage of Income | 181.23% |
| Loan Affordability Index | 0.55 |
| Price to Rent Ratio – City Centre | 14.93 |
| Price to Rent Ratio – Outside of Centre | 14.72 |
| Gross Rental Yield (City Centre) | 6.70% |
| Gross Rental Yield (Outside of Centre) | 6.79% |
| country data (source The World Bank, 2021) | |
| GDP Per Capita ($) | 11,763.00 |
| GDP Growth Rate | 4.20% |
| Population Growth Rate | 2.17% |
Rent Per Month in Egypt
| Apartment (1 bedroom) in City Centre | 143.14$ | 64.72$ – 258.9$ |
| Apartment (1 bedroom) Outside of Centre | 85.96$ | 48.54$ – 194.17$ |
| Apartment (3 bedrooms) in City Centre | 266.73$ | 145.63$ – 582.52$ |
| Apartment (3 bedrooms) Outside of Centre | 161.46$ | 80.91$ – 323.62$ |
Buy Apartment Price in Egypt
| Price per Square Meter to Buy Apartment in City Centre | 473.66$ | 291.26$ – 809.06$ |
| Price per Square Meter to Buy Apartment Outside of Centre | 281.52$ | 161.81$ – 485.44$ |
Salaries And Financing in Egypt
| Average Monthly Net Salary (After Tax) | 146.73$ | 0$ – 0$ |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 13.03$ | 8$ – 20$ |
These data are based on 2361 entries in the past 12 months from 481 different contributors.
Last update: August 2023
Our data for each country is based on all entries from all cities in that country.
Property Prices in Al `arish in 2023 and 2024 Prediction
Housing costs are an important factor for quality of life in Al `arish. According to statistics, the average price per square meter of property in Al `arish is around 473$
in the city center and 85$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 143$ per month.
Property price growth has stabilized in recent years, making housing similarly affordable. Rental yields range from 7%.
While carrying some premium over national averages, overall housing in Al `arish remains reasonably priced compared to similar sized cities globally.
This reduces disposable income and cost of living for residents.
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