Property Prices in Iraq

Index
Price to Income Ratio:	8.96
Mortgage as Percentage of Income:	99.33%
Loan Affordability Index:	1.01
Price to Rent Ratio - City Centre:	16.66
Price to Rent Ratio - Outside of Centre:	13.20
Gross Rental Yield (City Centre):	6.00%
Gross Rental Yield (Outside of Centre):	7.58%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	505,351.98 IQD	300,000.00-750,000.00
Apartment (1 bedroom) Outside of Centre	322,566.72 IQD	200,000.00-500,000.00
Apartment (3 bedrooms) in City Centre	854,012.38 IQD	510,676.12-1,459,074.63
Apartment (3 bedrooms) Outside of Centre	564,943.39 IQD	364,768.66-800,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	165,961.76 IQD	92,902.27-278,706.80
Price per Square Feet to Buy Apartment Outside of Centre	85,260.62 IQD	46,451.13-162,661.61
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	754,601.09 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	9.38	5.00-15.00

These data are based on 674 entries in the past 18 months from 103 different contributors.
Last update: February 2021
Our data for each country are based on all entries from all cities in that country.

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By City in Iraq