Property Prices in Djibouti 2023

Index
Price to Income Ratio 1
Mortgage as Percentage of Income 2
Loan Affordability Index 3
Price to Rent Ratio – City Centre 2
Price to Rent Ratio – Outside of Centre 1
Gross Rental Yield (City Centre) 2
Gross Rental Yield (Outside of Centre) 2
country data (source The World Bank, 2021) 1
GDP Per Capita ($) 2
GDP Growth Rate 4.7
Population Growth Rate 0.99

Rent Per Month in Djibouti

Apartment (1 bedroom) in City Centre 1462.97$ 847.75$ – 2199.96$
Apartment (1 bedroom) Outside of Centre 671.78$ 341.3$ – 1006.26$
Apartment (3 bedrooms) in City Centre 2256.34$ 1412.59$ – 3385.01$
Apartment (3 bedrooms) Outside of Centre 1433.17$ 848.75$ – 2256.34$

Buy Apartment Price in Djibouti

Price per Square Meter to Buy Apartment in City Centre 2$ 2$ – 1$
Price per Square Meter to Buy Apartment Outside of Centre 2$ 1$ – 2$

Salaries And Financing in Djibouti

Average Monthly Net Salary (After Tax) 585.27$ 1$ – 1$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.66$ 3$ – 2$

These data are based on 3245 entries in the past 11 months from 251 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 Djibouti – 2023 Stats & 2024 Forecast

Housing costs are an important factor to consider for quality of life. Property and rental prices in Djibouti are generally expensive compared to global standards.
According to statistics from relevant sources, the average price per square meter of a property in a major city center is around 2$ – 1$ and 1$ – 2$ outside urban areas. Rental prices for a one-bedroom apartment in a city center average 1462.97$ per month.

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Property Prices Rates & Safety Index in Djibouti