Property Market Data for Iraq

Selected Cities in Iraq

Property Index Value
House Price to Income Ratio 7.03
140
Mortgage as % of Income 83.27
106
Loan Affordability Index 1.20
67
Price to Rent Ratio City Centre 12.15
137
Price to Rent Ratio Outside Centre 11.10
144
Gross Rental Yield City Centre 8.23
44
Gross Rental Yield Outside Centre 9.01
33

Macro Data Value
GDP Per Capita ($) 6420.14
GDP Growth Rate -2.12
Population Growth Rate 3.01

Median Income Value Range
Net monthly disposable income 769.63 500.00 - 1000.00
Annual mortgage interest rate % 10.33 8.00 - 10.00

Rental Per Month Value Range
Apartment (1 bed) in City Centre 531.32 300.00 - 900.00
Apartment (1 bed) Outside Centre 350.10 200.00 - 500.00
Apartment (3 bed) in City Centre 864.18 600.00 - 1500.00
Apartment (3 bed) Outside Centre 577.22 450.00 - 950.00
Price to Rent Ratio City Centre 12.15 12.15 - 12.15
Price to Rent Ratio Outside Centre 11.10 11.10 - 11.10
Gross Rental Yield City Centre 8.23 8.23 - 8.23
Gross Rental Yield Outside Centre 9.01 9.01 - 9.01

Price Per Sq.ft. Value Range
City Centre Apartment Prices 125.22 1,200.00 - 2,000.00
Outside Centre Apartment Prices 75.80 500.00 - 1,230.00