Property Prices in Iraq

Index Info
Price to Income Ratio: 7.92
Mortgage as Percentage of Income: 87.37%
Loan Affordability Index: 1.14
Price to Rent Ratio - City Centre: 15.39
Price to Rent Ratio - Outside of Centre: 12.38
Gross Rental Yield (City Centre): 6.50%
Gross Rental Yield (Outside of Centre): 8.08%
Rent Per Month
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Apartment (1 bedroom) in City Centre 349.39 $ 200.00-600.00
Apartment (1 bedroom) Outside of Centre 220.02 $ 126.12-380.05
Apartment (3 bedrooms) in City Centre 602.53 $ 342.45-1,000.00
Apartment (3 bedrooms) Outside of Centre 408.93 $ 251.23-630.25
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 106.92 $ 63.46-266.80
Price per Square Feet to Buy Apartment Outside of Centre 56.03 $ 31.11-127.57
Salaries And Financing
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Average Monthly Net Salary (After Tax) 553.87 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.31 7.00-15.00

These data are based on 677 entries in the past 18 months from 101 different contributors.
Last update: January 2023
Our data for each country are based on all entries from all cities in that country.

Sources and References
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