Property Prices in Karbala, Iraq

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Index Info
Price to Income Ratio: 6.70
Mortgage as Percentage of Income: 77.54%
Loan Affordability Index: 1.29
Price to Rent Ratio - City Centre: 23.11
Price to Rent Ratio - Outside of Centre: 9.08
Gross Rental Yield (City Centre): 4.33%
Gross Rental Yield (Outside of Centre): 11.01%

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Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre 263,962.49 IQD 150,000.00-391,887.48
1 Bedroom Apartment Outside of City Centre 213,286.45 IQD 100,000.00-326,572.90
3 Bedroom Apartment in City Centre 428,601.03 IQD 400,000.00-457,202.06
3 Bedroom Apartment Outside of City Centre 391,887.48 IQD
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 118,219.68 IQD 97,085.96-139,353.40
Price per Square Feet to Buy Apartment Outside of Centre 39,629.59 IQD 18,580.45-60,678.73
Salaries And Financing
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Average Monthly Net Salary (After Tax) 634,381.93 IQD
Annual Mortgage Interest Rate (20-Year Fixed, in %) 10.00

These data are based on 17 entries from 4 contributors over the past 18 months.
Last update: 13 April 2025

Sources and References
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