Property Prices in Iraq

Index
Price to Income Ratio:	9.01
Mortgage as Percentage of Income:	96.31%
Loan Affordability Index:	1.04
Price to Rent Ratio - City Centre:	17.39
Price to Rent Ratio - Outside of Centre:	13.42
Gross Rental Yield (City Centre):	5.75%
Gross Rental Yield (Outside of Centre):	7.45%

Rent Per Month	[ Edit ]	Range
Apartment (1 bedroom) in City Centre	450,928.37 IQD	300,000.00-750,000.00
Apartment (1 bedroom) Outside of Centre	292,346.29 IQD	200,000.00-450,000.00
Apartment (3 bedrooms) in City Centre	784,717.03 IQD	479,051.69-1,250,000.00
Apartment (3 bedrooms) Outside of Centre	504,752.77 IQD	350,000.00-750,000.00
Buy Apartment Price	[ Edit ]
Price per Square Feet to Buy Apartment in City Centre	156,600.23 IQD	92,902.27-278,706.80
Price per Square Feet to Buy Apartment Outside of Centre	78,062.70 IQD	46,451.13-139,353.40
Salaries And Financing	[ Edit ]
Average Monthly Net Salary (After Tax)	700,665.04 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	8.86	7.00-12.00

These data are based on 651 entries in the past 18 months from 97 different contributors.
Last update: December 2020
Our data for each country are based on all entries from all cities in that country.

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