Property Prices in Erbil (Irbil), Iraq

Index Info
Price to Income Ratio: 8.69
Mortgage as Percentage of Income: 132.28%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 12.10
Price to Rent Ratio - Outside of Centre: 10.54
Gross Rental Yield (City Centre): 8.26%
Gross Rental Yield (Outside of Centre): 9.49%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 543,364.16 IQD 400,000.00-792,168.53
Apartment (1 bedroom) Outside of Centre 382,781.11 IQD 250,000.00-500,000.00
Apartment (3 bedrooms) in City Centre 961,060.86 IQD 700,000.00-1,450,000.00
Apartment (3 bedrooms) Outside of Centre 655,204.12 IQD 450,000.00-900,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 132,226.58 IQD 92,902.27-183,985.63
Price per Square Feet to Buy Apartment Outside of Centre 79,946.31 IQD 67,461.40-97,547.38
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 656,682.27 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.33 5.00-19.00

These data are based on 120 entries from 21 contributors over the past 18 months.
Last update: March 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