Property Prices in Baghdad, Iraq

Index Info
Price to Income Ratio: 16.26
Mortgage as Percentage of Income: 163.25%
Loan Affordability Index: 0.61
Price to Rent Ratio - City Centre: 17.92
Price to Rent Ratio - Outside of Centre: 17.24
Gross Rental Yield (City Centre): 5.58%
Gross Rental Yield (Outside of Centre): 5.80%
Rent Per Month
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Apartment (1 bedroom) in City Centre 735,627.26 IQD 522,466.39-1,175,549.38
Apartment (1 bedroom) Outside of Centre 380,924.90 IQD 300,000.00-457,158.09
Apartment (3 bedrooms) in City Centre 1,352,740.43 IQD 1,000,000.00-1,959,248.96
Apartment (3 bedrooms) Outside of Centre 728,474.73 IQD 587,774.69-1,000,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 269,759.70 IQD 121,345.78-464,511.33
Price per Square Feet to Buy Apartment Outside of Centre 136,891.88 IQD 60,672.89-242,691.56
Salaries And Financing
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Average Monthly Net Salary (After Tax) 672,838.43 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.00 5.00-15.00

These data are based on 100 entries in the past 18 months from 15 different contributors.
Last update: April 2024

Sources and References
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1 Comments so far
bahaa on Oct 29, 2021:
There is a record that includes numbers of buildable plots in the center of the city of Baghdad, how can I obtain them?