Property Prices in Al Hillah, Iraq

Index Info
Price to Income Ratio: 8.69
Mortgage as Percentage of Income: 137.26%
Loan Affordability Index: 0.73
Price to Rent Ratio - City Centre: 17.54
Price to Rent Ratio - Outside of Centre: 10.75
Gross Rental Yield (City Centre): 5.70%
Gross Rental Yield (Outside of Centre): 9.30%

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Rent Per Month
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1 Bedroom Apartment in City Centre 485,000.00 IQD 400,000.00-655,000.00
1 Bedroom Apartment Outside of City Centre 254,000.00 IQD 250,000.00-262,000.00
3 Bedroom Apartment in City Centre 866,000.00 IQD 750,000.00-1,048,000.00
3 Bedroom Apartment Outside of City Centre 414,333.33 IQD 393,000.00-450,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 171,807.26 IQD 97,361.58-232,255.67
Price per Square Feet to Buy Apartment Outside of Centre 53,016.23 IQD 24,340.39-69,676.70
Salaries And Financing
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Average Monthly Net Salary (After Tax) 696,500.00 IQD
Annual Mortgage Interest Rate (20-Year Fixed, in %) 15.00 10.00-20.00

These data are based on 28 entries from 4 contributors over the past 18 months.
Last update: 7 April 2025

Sources and References
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