Real Estate Prices - April 2013

A slight increase of prices, not exceeding the inflation rate (5%), was registered in April and samples of the apartments and properties sold are illustrated below in Tables 1 and 2.

Prices of some estates sold in April 2013

Table 1

Region

Area m²

Price (USD)

USD/m²

Beirut

No estates were sold in Beirut

Baabda

Hadath

2,200

2,640,000

1,200

Hazmieh

(Mar Taqla)

820

1,809,000

2,700

Matn

Mansourieh

1,650

1,320,000

800

Montiverdi

1,100

1,975,000

1,250

Qurnat Chahwan

2,150

860,000

400

Aley

Aley

1,400

350,000

250

Aramoun

2,800

1,876,000

670

Reshmaya

2,300

115,000

50

Kessrouan

Tabarja

1,200

2,160,000

1,800

Ajaltoun

800

400,000

500

Faraya

1,350

337,500

250

Source: Information International

Prices of some apartments sold in April 2013

Table 2

Region

Area m²

Price (USD)

USD/m²

Beirut

Ashrafieh (Rizk)

200

560,000

2,800

Ashrafieh (Jesuite)

130

318,500

2,450

Mazra’a

150

345,000

2,300

A’isha Bakkar

135

357,750

2,650

Msaytbeh

350

700,000

2,000

Batriarkieh

175

437,500

2,500

Ain El-Tineh

300

1,110,000

3,700

Ras Nabe’e

160

416,000

2,600

Baabda

Baabda

130

221,000

1,700

Hazmieh (Mar Taqla)

250

575,000

2,300

Hazmieh (Mar Taqla)

200

400,000

2,000

Baabda (Brazilia)

300

705,000

2,350

Shiyyah (Mar Mikhael)

150

210,000

1,400

Ghoubeiry

180

252,000

1,400

Harat Hreik

230

395,600

1,720

Matn

Mansourieh

170

221,000

1,300

Mansourieh

210

315,000

1,500

Sin El-Fil

190

380,000

2,000

Rabieh

230

483,000

2,100

Qurnat Chahwan

330

561,000

1,700

Broumana

200

400,000

2,000

Aley

Doha Hoss

380

741,000

1,950

Doha Hoss

260

338,000

1,300

Doha Aramoun

140

175,000

1,250

Aramoun

110

154,000

1,400

Bshamoun

240

220,800

920

Kessrouan

Harat Sakher

160

280,000

1,750

Ghadeer

200

280,000

1,400

Adma

220

462,000

2,100

Zouq Mosbeh

120

144,000

1,200

Adonis

145

145,000

1,000

Source: Information International

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