
Garden City Development · Malik Mahmoud Ring Road / Kurdsat
Garden City Sulaymaniyah
- Entry (USD)
- $130k – $960k
- Gross yield est.
- 2.8% – 6.5%
- Service fee
- $90 – $220 / mo
- Unit types
- Towers · Penthouses · Villas
Sulaymaniyah · Goizha mountain foothills · Qaiwan Group
Qaiwan Group’s three-zone apartment masterplan on the Goizha mountain foothills, pairing mid-market entry prices with steady rental demand near Qaiwan University.
Qaiwan Heights is Sulaymaniyah’s benchmark mid-market apartment address: three elevated residential zones (Zones A, B and C) built by Qaiwan Group along the Goizha foothills, where 2-bedroom flats start near $80,000 and 3-bedroom layouts reach $135,000. Most secondary transactions clear through developer contract assignments rather than state Tapu counters, so understanding lock-ups, name-change fees and zone-by-zone delivery is essential before committing a deposit.
| City | Sulaymaniyah |
|---|---|
| Corridor / ring road | Goizha mountain foothills · Sulaymaniyah (Slemani) Market Guide |
| Developer | Qaiwan Group |
| Masterplan size / scale | Three-zone hillside apartment community (Zones A, B and C) with internal retail, green belts and Qaiwan University adjacency |
| Property types | Residential Tower |
| Unit types & sizes | 2-bedroom apartments (116m² – 130m²) and 3-bedroom apartments (135m² – 150m²+) |
| Price band (USD) | 2BR: $80,000 – $100,000 3BR: $105,000 – $135,000Entry bands across current developer and resale stock |
| Estimated monthly rent (USD) | $450 – $800 / mo |
| Gross yield | 6.5% – 7.8% gross |
| Title track | Developer ContractDelivered blocks and active installment resales inside Qaiwan Group’s sales administration; confirm whether a given zone or building has completed Tapu subdivision before signing. |
| Monthly service fee | $55 – $90 / mo |
| Power / Runaki infrastructure | Delivered zones on city supply plus compound backup |
| $50,000 residency | $50k Residency EligibleSubject to the developer’s confirmation letter and Residency Directorate clearance |
| Reference unit | 2BR apartment · $92,000 · 125m² · $736 / m²KRG Property reference unit used for $ / m² and the calculator preset; indicative, not a quoted price |
| Demand anchor | Qaiwan University staff and students, Sulaymaniyah families, and Kirkuk/Baghdad summer-air buyers |
Benchmarks compiled November 2026 from developer price lists, partner brokerage listings and resale transactions. Methodology
Qaiwan Heights is split into three distinct zones across the lower slope of Mount Goizha. Older delivered blocks carry settled owner-occupiers and active leases, whereas newer buildings and assigned units often carry remaining developer installment balances.
| Unit segment | Typical size | Entry band (USD) | Monthly service est. |
|---|---|---|---|
| 2-bedroom apartment (Zones A–C) | 116m² – 130m² | $80k – $100k | $55 – $75 |
| 3-bedroom family apartment | 135m² – 150m²+ | $105k – $135k | $70 – $90 |
Compared with Garden City Sulaymaniyah on Malik Mahmoud Ring Road ($130k – $960k across apartments and villas), Qaiwan Heights sits at roughly half the apartment entry price per square metre, trading luxury tower amenities for practical hillside family layouts and lower monthly maintenance.
Our reference unit is a 2-bedroom apartment at $92,000 for 125m², equal to $736 / m². Across our Sulaymaniyah apartment benchmarks (average $921 / m², range $736 / m² to $1,273 / m²), Qaiwan Heights sits 20% below the city apartment average—virtually level with Pak City & Goizha City ($754 / m²) and well below Garden City ($1,273 / m²).
| Cost or yield line | Contract assignment | Subdivided Tapu (if issued) |
|---|---|---|
| Purchase price | $92,000 | $92,000 |
| Tapu ~3% on assessed value + stamps | $0 | $2,458 |
| Developer name-change fee (modelled) | $1,500 | $0 |
| Buyer brokerage (1.5% secondary) | $1,380 | $1,380 |
| Independent legal, title & NOC checks | $750 | $750 |
| All-in acquisition cost | $95,630 | $96,588 |
| Gross yield at $580 / month | 7.6% | 7.6% |
| Net yield on all-in cost (after service, 5% vacancy) | 6.0% | 6.0% |
| $50,000 residency threshold (foreign buyers) | Met | Met |
At $70 a month ($840 a year), service charges take roughly one percentage point off the 7.6% gross return, leaving about 6.0% net before any 10% statutory rental tax provision. If you take over an active installment contract from a previous buyer, your upfront cash equals the seller’s paid equity plus any premium and closing fees, while future quarterly or monthly payments pass to Qaiwan Group.
Unlike Erbil—where corporate oil, diplomatic and NGO contracts dominate tenant pools—Sulaymaniyah’s rental and resale demand at Qaiwan Heights rests on local and domestic fundamentals:


Most Qaiwan Heights units trade on a developer sales agreement (Grêbestî Kompanya) under the master investment framework, though buyers should check per zone whether individual Form 25 Tapu subdivision has been completed for a specific block.
Request the original Qaiwan Group contract, the ledger of installments paid to date, and any remaining schedule before negotiating a price.
Secondary resales on installment plans require the seller to meet the developer’s minimum paid-equity threshold (commonly 30%–50%+ across Kurdistan developers) and pay an internal administrative transfer fee (modelled at $1,500; regional benchmarks run $500–$3,500+).
Confirm in writing that all monthly compound fees, generator or Runaki electricity bills, and water dues are zeroed out so the transfer is not blocked at Qaiwan’s office.
All units sit above the $50,000 threshold for KRG residency if the block holds qualifying KBI investment approval. Diaspora buyers signing from Europe or North America need a unit-specific Iraqi Embassy Special POA backed by a Unified National Card.
Our calculator opens pre-loaded for Sulaymaniyah with the 2BR reference apartment ($92,000, 125 m², $580 rent, $70 service fee) on a secondary contract assignment. Switch to Off-Plan Installments to test an assigned payment plan or toggle Foreign National for residency screening.
Pre-filled with the 2br apartment: $92,000, 125 m², secondary resale via developer office contract assignment, $580 rent and $70 service a month. Every figure stays editable.
Calculate Closing Costs & Net Yield for Qaiwan HeightsZones A, B and C represent phased residential releases across the Goizha foothill masterplan. Earlier delivered blocks have settled occupancy and active rental comparables, while later blocks or resold units may still carry developer installment schedules or pending Tapu subdivision.
Yes, when the current contract holder assigns their developer agreement inside Qaiwan Group’s office. You typically pay the seller’s paid-in equity plus any resale premium, settle the developer’s name-change fee and Compound NOC, and assume the remaining installments.
Not automatically on every unit. Many trades occur via Qaiwan Group’s company contract system until block subdivision is completed. Always verify with the developer’s registration desk whether the exact apartment has an independent Form 25 Tapu or trades on a company contract.
Published rents of $450 to $800 per month against $80,000 to $135,000 purchase prices produce 6.5% to 7.8% gross yield, and roughly 5.3% to 6.3% net after $55–$90 monthly service fees and a 5% vacancy allowance.
Every unit in our $80,000–$135,000 entry band exceeds the $50,000 residency minimum, provided the unit sits within a Kurdistan Board of Investment licensed phase and the developer issues the required confirmation letter.
Unit sourcing
We check available 2BR and 3BR units across Zones A, B and C in Qaiwan Heights, verify whether each block is on Tapu or company contract, confirm the exact remaining installment balance and name-change fee, and send a written USD shortlist.
Your reference is KRG-0000-0000. Keep it for any follow-up.