Real Estate Prices- May 2014
Tables 1 and 2 illustrate the prices of some estates and apartments sold in May 2014.
Prices of some estates sold in May 2014 |
Table 1 |
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Region |
Area (m2) |
Price (USD) |
USD/m2 |
Beirut |
|||
Hamra |
800 |
14,400,000 |
18,000 |
Ashrafieh (Monot) |
610 |
7,930,000 |
13,000 |
Ashrafieh (Gemayzeh) |
520 |
9,100,000 |
17,500 |
Sodeco |
1,020 |
14,280,000 |
14,000 |
Badaro |
725 |
3,915,000 |
5,400 |
Baabda |
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Furn el-Chebbak |
850 |
4,165,000 |
4,900 |
Hadath |
900 |
1,125,000 |
1,250 |
Hazmieh |
750 |
2,025,000 |
2,700 |
Matn |
|||
Mazraat Yashouh |
1500 |
1,200,000 |
800 |
Monteverde |
1000 |
1,200,000 |
1,200 |
Beit Mery |
2,000 |
2,000,000 |
1,000 |
Broumana |
1,420 |
1,207,000 |
850 |
Aley |
|||
Choueifat |
1,700 |
850,000 |
500 |
Aley |
1,300 |
390,000 |
300 |
Kessrouan |
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Kfardebian |
500 |
250,000 |
500 |
Adma |
1,250 |
1,500,000 |
1,200 |
Qoulayaat |
1,000 |
350,000 |
350 |
Source: Compiled by Information International
Prices of some apartments sold in May 2014 |
Table 2 |
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Region |
Area (m2) |
Price (USD) |
USD/m2 |
Beirut |
|||
Ashrafieh |
185 |
462,500 |
2,500 |
Ashrafieh (Rizk) |
160 |
464,000 |
2,900 |
Saifi |
100 |
280,000 |
2,800 |
Sioufi |
220 |
616,000 |
2,800 |
Mar Elias |
175 |
455,000 |
2,600 |
Basta Tahta |
100 |
180,000 |
1,800 |
Sanayeh |
180 |
459,000 |
2,550 |
Baabda |
|||
Hazmieh (Mar Taqla) |
200 |
400,000 |
2,000 |
Hazmieh (Mar Taqla) |
160 |
368,000 |
2,300 |
Hadath (Al-Amerkan) |
170 |
272,000 |
1,600 |
Yarzi |
280 |
728,000 |
2,600 |
Jomhour |
210 |
294,000 |
1,400 |
Furn el-Chebbak |
120 |
216,000 |
1,800 |
Ain Roummaneh |
150 |
315,000 |
2,100 |
Matn |
|||
Ain Saadeh |
110 |
209,000 |
1,900 |
Roumieh |
230 |
287,500 |
1,250 |
Antelias |
170 |
272,000 |
1,600 |
Beit Mery |
180 |
288,000 |
1,600 |
Monteverde |
240 |
540,000 |
2,250 |
Mansourieh |
180 |
255,600 |
1,420 |
Aley |
|||
Bshamoun |
210 |
304,500 |
1,450 |
Aramoun |
100 |
100,000 |
1,600 |
Khaldeh |
200 |
220,000 |
1,100 |
Aley |
120 |
120,000 |
1,000 |
Doha Aramoun |
140 |
168,000 |
1,200 |
Kessrouan |
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Adonis |
140 |
189,000 |
1,350 |
Adma |
160 |
336,000 |
2,100 |
Zouq Mosbeh |
150 |
210,000 |
1,400 |
Jounieh |
200 |
300,000 |
1,500 |
Source: Compiled by Information International
Real estate movement in the first quarter of 2014
The number of real estate transactions in the first quarter of 2014 reached 15,834, worth USD 2.1 billion, compared to 13,619 transactions at USD 1.5 billion during the same period last year.
The total transactions in 2013 amounted to 69,198, worth USD 8.7 billion.
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