Property Prices in Iraq

Index Info
Price to Income Ratio: 8.78
Mortgage as Percentage of Income: 91.65%
Loan Affordability Index: 1.09
Price to Rent Ratio - City Centre: 18.50
Price to Rent Ratio - Outside of Centre: 14.13
Gross Rental Yield (City Centre): 5.40%
Gross Rental Yield (Outside of Centre): 7.08%
Rent Per Month
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Apartment (1 bedroom) in City Centre 414,263.89 IQD 200,000.00-750,000.00
Apartment (1 bedroom) Outside of Centre 268,971.60 IQD 150,000.00-500,000.00
Apartment (3 bedrooms) in City Centre 742,543.50 IQD 400,000.00-1,500,000.00
Apartment (3 bedrooms) Outside of Centre 510,447.70 IQD 261,975.70-1,000,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 155,090.37 IQD 87,617.29-371,609.07
Price per Square Feet to Buy Apartment Outside of Centre 78,929.78 IQD 41,806.02-182,536.03
Salaries And Financing
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Average Monthly Net Salary (After Tax) 716,987.35 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.53 5.00-19.00

These data are based on 528 entries in the past 18 months from 84 different contributors.
Last update: March 2025
Our data for each country are based on all entries from all cities in that country.

Sources and References
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