Property Prices in Baghdad, Iraq

Index Info
Price to Income Ratio: 18.67
Mortgage as Percentage of Income: 156.21%
Loan Affordability Index: 0.64
Price to Rent Ratio - City Centre: 27.67
Price to Rent Ratio - Outside of Centre: 19.23
Gross Rental Yield (City Centre): 3.61%
Gross Rental Yield (Outside of Centre): 5.20%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 657,400.69 IQD 450,000.00-1,200,000.00
Apartment (1 bedroom) Outside of Centre 393,872.95 IQD 300,000.00-700,000.00
Apartment (3 bedrooms) in City Centre 1,212,170.55 IQD 750,000.00-1,750,000.00
Apartment (3 bedrooms) Outside of Centre 744,325.34 IQD 500,000.00-1,047,364.39
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 372,810.86 IQD 222,965.44-464,511.33
Price per Square Feet to Buy Apartment Outside of Centre 156,986.38 IQD 92,902.27-232,255.67
Salaries And Financing
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Average Monthly Net Salary (After Tax) 763,742.47 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.67 5.00-7.00

These data are based on 81 entries from 13 contributors over the past 18 months.
Last update: April 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?