Property Prices in Erbil (Irbil), Iraq

Index Info
Price to Income Ratio: 8.55
Mortgage as Percentage of Income: 130.10%
Loan Affordability Index: 0.77
Price to Rent Ratio - City Centre: 11.51
Price to Rent Ratio - Outside of Centre: 10.51
Gross Rental Yield (City Centre): 8.69%
Gross Rental Yield (Outside of Centre): 9.52%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 564,099.17 IQD 400,000.00-919,670.68
Apartment (1 bedroom) Outside of Centre 367,122.95 IQD 250,000.00-500,000.00
Apartment (3 bedrooms) in City Centre 955,493.31 IQD 700,000.00-1,445,196.79
Apartment (3 bedrooms) Outside of Centre 637,675.37 IQD 450,000.00-900,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 128,083.26 IQD 92,902.27-183,084.62
Price per Square Feet to Buy Apartment Outside of Centre 76,953.02 IQD 67,131.03-92,902.27
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 645,211.96 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.33 5.00-19.00

These data are based on 119 entries from 20 contributors over the past 18 months.
Last update: 18 May 2025

Sources and References
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1 Comments so far
Hardeep singh on Oct 22, 2023:
I'm looking one house buy low price in Erbil near city but Im from India but I have Portugal I'd please reply me send me house details