Property Prices in Erbil (Irbil), Iraq

Index Info
Price to Income Ratio: 8.68
Mortgage as Percentage of Income: 132.09%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 12.03
Price to Rent Ratio - Outside of Centre: 10.91
Gross Rental Yield (City Centre): 8.31%
Gross Rental Yield (Outside of Centre): 9.17%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 546,193.52 IQD 400,000.00-785,927.11
Apartment (1 bedroom) Outside of Centre 382,341.01 IQD 250,000.00-500,000.00
Apartment (3 bedrooms) in City Centre 965,660.54 IQD 700,000.00-1,440,866.38
Apartment (3 bedrooms) Outside of Centre 638,138.90 IQD 450,000.00-900,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 132,099.74 IQD 92,902.27-182,536.03
Price per Square Feet to Buy Apartment Outside of Centre 81,773.14 IQD 66,929.88-120,772.95
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 662,889.07 IQD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.33 5.00-19.00

These data are based on 126 entries in the past 18 months from 22 different contributors.
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