Property Prices in Iraq

Index Info
Price to Income Ratio: 8.09
Mortgage as Percentage of Income: 89.30%
Loan Affordability Index: 1.12
Price to Rent Ratio - City Centre: 15.18
Price to Rent Ratio - Outside of Centre: 12.49
Gross Rental Yield (City Centre): 6.59%
Gross Rental Yield (Outside of Centre): 8.01%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 465,279.99 IQD 262,328.20-800,000.00
Apartment (1 bedroom) Outside of Centre 287,931.55 IQD 150,000.00-459,074.35
Apartment (3 bedrooms) in City Centre 802,833.48 IQD 400,000.00-1,311,641.00
Apartment (3 bedrooms) Outside of Centre 537,935.68 IQD 300,000.00-800,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 140,475.15 IQD 80,423.92-365,563.27
Price per Square Feet to Buy Apartment Outside of Centre 74,130.77 IQD 37,160.91-182,781.63
Salaries And Financing
Average Monthly Net Salary (After Tax) 713,625.02 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.31 7.00-15.00

These data are based on 646 entries in the past 18 months from 95 different contributors.
Last update: May 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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