Property Prices in Erbil (Irbil), Iraq

Index Info
Price to Income Ratio: 7.52
Mortgage as Percentage of Income: 132.32%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 10.68
Price to Rent Ratio - Outside of Centre: 11.62
Gross Rental Yield (City Centre): 9.36%
Gross Rental Yield (Outside of Centre): 8.61%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 625,070.46 IQD 460,201.02-1,051,888.05
Apartment (1 bedroom) Outside of Centre 415,632.64 IQD 300,000.00-788,916.04
Apartment (3 bedrooms) in City Centre 944,894.49 IQD 750,000.00-1,249,117.06
Apartment (3 bedrooms) Outside of Centre 640,755.22 IQD 525,944.03-800,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 125,582.50 IQD 87,950.51-183,230.22
Price per Square Feet to Buy Apartment Outside of Centre 91,580.07 IQD 61,076.74-139,353.40
Salaries And Financing
Average Monthly Net Salary (After Tax) 777,368.18 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 17.00 10.00-19.00

These data are based on 151 entries in the past 18 months from 24 different contributors.
Last update: March 2024

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