Property Prices in Baghdad, Iraq

Index Info
Price to Income Ratio: 12.14
Mortgage as Percentage of Income: 126.95%
Loan Affordability Index: 0.79
Price to Rent Ratio - City Centre: 18.56
Price to Rent Ratio - Outside of Centre: 14.60
Gross Rental Yield (City Centre): 5.39%
Gross Rental Yield (Outside of Centre): 6.85%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 586,654.17 IQD 450,000.00-1,023,245.86
Apartment (1 bedroom) Outside of Centre 383,075.27 IQD 300,000.00-511,622.93
Apartment (3 bedrooms) in City Centre 1,045,859.27 IQD 750,000.00-1,607,957.79
Apartment (3 bedrooms) Outside of Centre 656,452.20 IQD 500,000.00-1,000,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 219,744.54 IQD 139,353.40-325,157.93
Price per Square Feet to Buy Apartment Outside of Centre 110,933.08 IQD 69,676.70-190,123.72
Salaries And Financing
Average Monthly Net Salary (After Tax) 732,897.89 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.56 7.00-10.00

These data are based on 235 entries in the past 18 months from 35 different contributors.
Last update: February 2021

Sources and References
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