Property Prices in Erbil (Irbil), Iraq

Index Info
Price to Income Ratio: 6.60
Mortgage as Percentage of Income: 128.30%
Loan Affordability Index: 0.78
Price to Rent Ratio - City Centre: 11.65
Price to Rent Ratio - Outside of Centre: 11.22
Gross Rental Yield (City Centre): 8.58%
Gross Rental Yield (Outside of Centre): 8.91%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 410.19 $ 251.81-600.00
Apartment (1 bedroom) Outside of Centre 248.62 $ 167.91-336.60
Apartment (3 bedrooms) in City Centre 640.36 $ 303.29-993.64
Apartment (3 bedrooms) Outside of Centre 427.20 $ 300.00-521.01
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 91.10 $ 74.32-120.77
Price per Square Feet to Buy Apartment Outside of Centre 55.38 $ 46.45-74.32
Salaries And Financing
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Average Monthly Net Salary (After Tax) 597.52 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 19.00 18.00-20.00

These data are based on 122 entries in the past 18 months from 21 different contributors.
Last update: July 2021

Sources and References
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