Property Prices in Iraq

Index Info
Price to Income Ratio: 8.07
Mortgage as Percentage of Income: 92.34%
Loan Affordability Index: 1.08
Price to Rent Ratio - City Centre: 15.27
Price to Rent Ratio - Outside of Centre: 12.74
Gross Rental Yield (City Centre): 6.55%
Gross Rental Yield (Outside of Centre): 7.85%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 431,373.54 IQD 250,000.00-786,227.24
Apartment (1 bedroom) Outside of Centre 267,218.50 IQD 150,000.00-458,632.56
Apartment (3 bedrooms) in City Centre 783,337.75 IQD 400,000.00-1,450,000.00
Apartment (3 bedrooms) Outside of Centre 500,210.22 IQD 262,075.75-800,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 134,076.58 IQD 91,302.87-243,474.31
Price per Square Feet to Buy Apartment Outside of Centre 70,271.78 IQD 46,451.13-139,353.40
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 681,017.42 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.82 5.00-18.00

These data are based on 493 entries in the past 18 months from 78 different contributors.
Last update: September 2024
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
Baghdad 15.9 5.1 6.5 19.6 15.3 157.0 0.6
Erbil (Irbil) 8.2 9.4 9.8 10.6 10.2 143.9 0.7
Sulaymaniyah (Sulaimanyia) 7.2 8.1 7.7 12.4 13.0 77.9 1.3
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