Property Prices in Iraq

Index Info
Price to Income Ratio: 8.25
Mortgage as Percentage of Income: 94.92%
Loan Affordability Index: 1.05
Price to Rent Ratio - City Centre: 16.38
Price to Rent Ratio - Outside of Centre: 12.65
Gross Rental Yield (City Centre): 6.11%
Gross Rental Yield (Outside of Centre): 7.90%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 432,047.12 IQD 250,000.00-800,000.00
Apartment (1 bedroom) Outside of Centre 272,211.54 IQD 150,000.00-458,381.96
Apartment (3 bedrooms) in City Centre 749,379.63 IQD 400,000.00-1,440,629.01
Apartment (3 bedrooms) Outside of Centre 497,592.40 IQD 261,932.55-800,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 141,055.42 IQD 87,602.86-365,011.91
Price per Square Feet to Buy Apartment Outside of Centre 70,308.78 IQD 39,018.95-182,505.95
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 689,172.10 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.90 5.00-18.00

These data are based on 499 entries in the past 18 months from 77 different contributors.
Last update: July 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
This page in other languages: