Property Prices in Erbil (Irbil), Iraq

Index Info
Price to Income Ratio: 8.04
Mortgage as Percentage of Income: 128.76%
Loan Affordability Index: 0.78
Price to Rent Ratio - City Centre: 11.21
Price to Rent Ratio - Outside of Centre: 11.01
Gross Rental Yield (City Centre): 8.92%
Gross Rental Yield (Outside of Centre): 9.08%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 600,700.39 IQD 450,000.00-917,487.48
Apartment (1 bedroom) Outside of Centre 392,784.40 IQD 250,000.00-786,417.84
Apartment (3 bedrooms) in City Centre 1,016,298.93 IQD 750,000.00-1,450,000.00
Apartment (3 bedrooms) Outside of Centre 642,818.39 IQD 450,000.00-900,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 132,744.57 IQD 102,192.49-182,650.00
Price per Square Feet to Buy Apartment Outside of Centre 84,099.43 IQD 65,031.59-120,772.95
Salaries And Financing
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Average Monthly Net Salary (After Tax) 726,178.70 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.25 5.00-19.00

These data are based on 143 entries in the past 18 months from 24 different contributors.
Last update: January 2025

Sources and References
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1 Comments so far
Hardeep singh on Oct 22, 2023:
I'm looking one house buy low price in Erbil near city but Im from India but I have Portugal I'd please reply me send me house details