Real Estate Prices - January 2013

Prices maintained stable levels and are likely to increase should there be greater demand following the resumption of housing loan activity.

Tables 1 and 2 illustrate the prices of some estates and apartments sold in January 2013.

Prices of some estates sold in January 2013

Table 1

Region

Area m²

Price (USD)

USD/m²

Beirut

Ramlet Al-Bayda

1,600

12,800,000

8,000

Baabda

Louaizi

1,100

1,650,000

1,500

Yarzi

1,000

2,000,000

2,000

Hazmieh (Mar Taqla)

1,200

2,220,000

1,850

Matn

Antelias

2,300

5,750,000

2,500

Beit Meri

800

800,000

1,000

Jal El-Dib

2,000

3,000,000

1,500

Aley

Aramoun

1,100

550,000

500

Ain Dara

4,000

400,000

100

Khaldeh

1,400

1,400,000

1,000

Kessrouan

Ballouneh

900

585,000

650

Kfardebian

1,100

231,000

210

Ajaltoun

1,000

350,000

350

Source: Information International- January 2013

 

Prices of some apartments sold in January 2013

Table 2

Region

Area m²

Price (USD)

USD/m²

Beirut

Ashrafieh- Rizk

160

480,000

3,000

Sodeco

220

528,000

2,400

Geitawi

150

315,000

2,100

Mar Elias

200

600,000

3,000

Bourj Abou Haidar

100

200,000

2,000

Sanaye’e

220

704,000

3,200

Tallet El-Khayyat

150

600,000

4,000

Baabda

Hadath- Saint Thérèse

200

380,000

1,900

Ain Remmaneh

150

210,000

1,400

Brazilia

200

400,000

2,000

Mar Taqla

250

500,000

2,000

Matn

Bourj Hammoud

100

100,000

1,000

Mansourieh

150

210,000

1,700

Beit Meri

220

396,000

1,800

Sin El-Fil (Horsh tabet)

200

370,000

1,850

Broummana

330

825,000

2,500

Aley

Aramoun

120

132,000

1,100

Doha Hills

250

600,000

2,400

Bshamoun (Yahoudieh)

180

252,000

1,400

Doha Aramoun

190

285,000

1,500

Kessrouan

Adma

160

272,000

1,700

Adoniss

120

156,000

1,300

Haret Sakhr

170

204,000

1,200

Sahel Alma

130

130,000

1,000

Source: Information International- January 2013

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