Property Prices in Erbil (Irbil), Iraq

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Index Info
Price to Income Ratio: 8.00
Mortgage as Percentage of Income: 128.11%
Loan Affordability Index: 0.78
Price to Rent Ratio - City Centre: 11.28
Price to Rent Ratio - Outside of Centre: 11.36
Gross Rental Yield (City Centre): 8.87%
Gross Rental Yield (Outside of Centre): 8.80%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 575,243.32 IQD 445,000.00-917,347.31
Apartment (1 bedroom) Outside of Centre 386,559.79 IQD 250,000.00-786,297.69
Apartment (3 bedrooms) in City Centre 1,000,972.00 IQD 750,000.00-1,450,000.00
Apartment (3 bedrooms) Outside of Centre 646,574.42 IQD 450,000.00-900,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 129,532.77 IQD 92,902.27-182,622.10
Price per Square Feet to Buy Apartment Outside of Centre 86,213.74 IQD 66,961.43-120,772.95
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 726,149.44 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.25 5.00-19.00

These data are based on 139 entries in the past 18 months from 24 different contributors.
Last update: February 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