Iraq has a semiarid and desert climate. Also, it is predicted to be more susceptible to global warming effects. In the present study, daily climatic data from the past and projected future of the Upper Zab Basin, located in northern Iraq and considered an example of arid and semiarid climate conditions, were simulated using LARS-WG 6.0, i.e., a stochastic weather generator. The model also estimated daily rainfall and temperature. Using the RCP4.5 and RCP8.5 main emission scenarios, the future climate throughout the current century was estimated utilizing the MIROC5, CanESM2, HadGEM2-ES, ESM1-M, and CSIRO-Mk3.6.0 general circulation models (GCMs). This estimation was performed considering the significant uncertainty of future climate estimates. The model, constructed using thirty years' worth of historical data, was validated using climate data from the Upper Zab Basin in northern Iraq (1990–2021). According to the data, the average monthly maximum temperature will decline by 2.15–6.20 °C under RCP4.5 and 1.81–6.10 °C under RCP8.5 by the end of the twenty-first era for the corresponding upstream and downstream sub-basins. Precipitation projections from all GCMs showed varying patterns. Given that some models, like CanESM2, expected a rise in precipitation, while others, like MIROC5, forecasted a future with no change in precipitation or a falling trend, which illustrates the significant level of uncertainty in precipitation forecast when only one model was utilized. Also, the downstream sub-basin suffered the most during the 1999–2000 and 2007–2008 droughts, with average RDIst values of -1.97 and -1.64, respectively. However, the upstream sub-basin had moderate to severe droughts in 1999–2000 and 2007–2008, with average RDIst values of -0.81 and -1.84, respectively. The water available in the research location will be significantly impacted by variations in rainfall and temperature.