Property Prices in Baghdad, Iraq

Index Info
Price to Income Ratio: 20.03
Mortgage as Percentage of Income: 167.62%
Loan Affordability Index: 0.60
Price to Rent Ratio - City Centre: 29.63
Price to Rent Ratio - Outside of Centre: 20.74
Gross Rental Yield (City Centre): 3.37%
Gross Rental Yield (Outside of Centre): 4.82%
Rent Per Month
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Apartment (1 bedroom) in City Centre 657,399.17 IQD 450,000.00-1,200,000.00
Apartment (1 bedroom) Outside of Centre 393,871.96 IQD 300,000.00-700,000.00
Apartment (3 bedrooms) in City Centre 1,212,169.33 IQD 750,000.00-1,750,000.00
Apartment (3 bedrooms) Outside of Centre 744,324.58 IQD 500,000.00-1,047,354.66
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 399,182.19 IQD 222,965.44-557,413.60
Price per Square Feet to Buy Apartment Outside of Centre 169,310.09 IQD 92,902.27-243,254.05
Salaries And Financing
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Average Monthly Net Salary (After Tax) 763,741.93 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.67 5.00-7.00

These data are based on 84 entries in the past 18 months from 13 different contributors.
Last update: March 2025

Sources and References
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2 Comments so far
Hazboun on Mar 23, 2025:
What is the price of square meter in a prime location Aljamia street with a commercial building on it
bahaa on Oct 29, 2021:
There is a record that includes numbers of buildable plots in the center of the city of Baghdad, how can I obtain them?