Iraq comes in at fourth place in Arab world real estate market

Ahmed Mohammed 01/03/2024
Homes at Baghdad's al-Rashid Street. Photo: AFP
Homes at Baghdad's al-Rashid Street. Photo: AFP

Iraq has come in fourth in the Arab world in the real estate market this year, according to Statista, a German online data platform.

The site ranked 14 countries from the Arab real estate market and notched Saudi Arabia at the top with a mark of $2.1 billion, followed by Morocco at $1.63 billion.

Egypt also came in ahead of Iraq, Statista said, with a value of $1.45 billion. Iraq’s share was $1.12 billion and has a growth rate of six percent.

Oman and Bahrain trailed behind Iraq with values of $325 million and $85 million, respectively, with four percent growth rates.   

Ahmed Mohammed

01/03/2024