Property Prices in Al Hillah, Iraq

Index Info
Price to Income Ratio: 7.65
Mortgage as Percentage of Income: 88.61%
Loan Affordability Index: 1.13
Price to Rent Ratio - City Centre: 18.83
Price to Rent Ratio - Outside of Centre: 10.27
Gross Rental Yield (City Centre): 5.31%
Gross Rental Yield (Outside of Centre): 9.74%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 452,123.88 IQD 300,000.00-656,371.63
Apartment (1 bedroom) Outside of Centre 237,516.22 IQD 200,000.00-262,548.65
Apartment (3 bedrooms) in City Centre 733,398.20 IQD 400,000.00-1,050,194.60
Apartment (3 bedrooms) Outside of Centre 381,274.33 IQD 300,000.00-450,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 164,910.56 IQD 97,565.46-232,255.67
Price per Square Feet to Buy Apartment Outside of Centre 47,034.03 IQD 24,391.36-69,676.70
Salaries And Financing
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Average Monthly Net Salary (After Tax) 745,367.23 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.00

These data are based on 19 entries in the past 18 months from 3 different contributors.
Last update: December 2023

Sources and References
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