Property Prices in Iraq

Index Info
Price to Income Ratio: 8.22
Mortgage as Percentage of Income: 84.66%
Loan Affordability Index: 1.18
Price to Rent Ratio - City Centre: 16.99
Price to Rent Ratio - Outside of Centre: 13.51
Gross Rental Yield (City Centre): 5.88%
Gross Rental Yield (Outside of Centre): 7.40%
Rent Per Month
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Apartment (1 bedroom) in City Centre 414,603.36 IQD 200,000.00-700,000.00
Apartment (1 bedroom) Outside of Centre 269,734.67 IQD 150,000.00-500,000.00
Apartment (3 bedrooms) in City Centre 746,163.85 IQD 395,660.10-1,450,753.70
Apartment (3 bedrooms) Outside of Centre 517,063.08 IQD 300,000.00-900,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 142,798.79 IQD 85,768.01-348,383.50
Price per Square Feet to Buy Apartment Outside of Centre 76,042.84 IQD 39,018.95-174,191.75
Salaries And Financing
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Average Monthly Net Salary (After Tax) 716,225.07 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.35 5.00-18.00

These data are based on 513 entries in the past 18 months from 82 different contributors.
Last update: February 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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