Property Prices in Iraq

Index Info
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.

Sources and References

By City in Iraq

Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
As Sulaymaniyah 7.26 7.42 7.31 13.48 13.67 75.56 1.32
Baghdad 12.14 5.39 6.85 18.56 14.60 126.91 0.79
Erbil (Irbil) 7.22 8.39 8.37 11.92 11.95 140.42 0.71
This page in other languages:

DeutschImmobilienpreise im Irak
PortuguêsPreços de Imóveis no Iraque
ItalianoPrezzi delle proprietà immobiliari in Iraq
FrançaisPrix de l'immobilier en Irak
EspañolPrecios de Inmuebles en Iraq