Real Estate Prices - May 2013
The political instability, the persistent disputes over the electoral law and the failure to form a new government were all factors that had a negative impact on the market activity. It remains to be seen whether summer will hold any promising signals for the real estate sector this year.
Samples of the apartments and properties sold in May 2013 are illustrated below in Tables 1 and 2.
|
Prices of some estates sold in May 2013 |
Table 1 |
||
|
Region |
Area m² |
Price (USD) |
USD/m² |
|
Beirut |
|||
|
Zqaq El-Blat |
530 |
3,975,000 |
7,500 |
|
Ain Mreisseh |
500 |
5,500,000 |
11,000 |
|
Baabda |
|||
|
Arayya |
1.650 |
858,000 |
520 |
|
Hazmieh |
750 |
1,875,000 |
2,500 |
|
Matn |
|||
|
Mansourieh |
1,073 |
858,400 |
800 |
|
Qornet Shehwan |
1,160 |
475,600 |
410 |
|
Monteverdi |
1,000 |
1,200,000 |
1,200 |
|
Broumana |
1,300 |
780,000 |
600 |
|
Aley |
|||
|
Aley |
2,000 |
500,000 |
250 |
|
Chimlan |
920 |
598,000 |
650 |
|
Bchamoun (Madares) |
950 |
475,000 |
500 |
|
Kessrouan |
|||
|
Tabarja |
1,540 |
3,080,000 |
2,000 |
|
Ashqout |
1,210 |
423,500 |
350 |
|
Sahel Alma |
900 |
855,000 |
950 |
|
Faraya |
1,700 |
340,000 |
200 |
Source: Information International
|
Prices of some apartments sold in May 2013 |
Table 2 |
||
|
Region |
Area m² |
Price (USD) |
USD/m² |
|
Beirut |
|||
|
Tallet Khayyat |
270 |
945,000 |
3,500 |
|
Ashrafieh (Sioufi) |
120 |
312,000 |
2,600 |
|
Ashrafieh (Rizk) |
175 |
525,000 |
3,000 |
|
Ashrafieh (Sodeco) |
250 |
1,000,000 |
4,000 |
|
Clemenceau |
150 |
600,000 |
4,000 |
|
Cola (Shams Beirut) |
210 |
462,000 |
2,200 |
|
Karakon El-Druze |
200 |
420,000 |
2,100 |
|
Qraytem |
170 |
637,500 |
3,750 |
|
Baabda |
|||
|
Yarzi |
400 |
1,000,000 |
2,500 |
|
Hazmieh(Mar Taqla) |
350 |
700,000 |
2,000 |
|
Hazmieh (Mar Taqla) |
260 |
624,000 |
2,400 |
|
Baabda (Brazilia) |
310 |
775,000 |
2,500 |
|
Kafa’at |
130 |
130,000 |
1,000 |
|
Furn Shebbak |
165 |
222,750 |
1,350 |
|
Hay El-Amerkan |
150 |
255,000 |
1,700 |
|
Matn |
|||
|
Antelias |
250 |
375,000 |
1,500 |
|
Mansourieh |
220 |
418,000 |
1,900 |
|
Awkar |
185 |
333,000 |
1,800 |
|
Rabieh |
230 |
460,000 |
2,000 |
|
Broumana |
300 |
540,000 |
1,800 |
|
Dbayyeh |
200 |
320,000 |
1,600 |
|
Rabweh |
220 |
330,000 |
1,500 |
|
Mazraat Yashour |
170 |
170,000 |
1,000 |
|
Aley |
|||
|
Aley |
250 |
275,000 |
1,100 |
|
Bshamoun (Yahoudiyeh) |
150 |
150,000 |
1,000 |
|
Bshamoun (Madares) |
220 |
264,000 |
1,200 |
|
Choueifat (Baladiyeh) |
185 |
231,250 |
1,250 |
|
Aramoun |
165 |
165,000 |
1,000 |
|
Doha Hoss |
200 |
250,000 |
1,250 |
|
Khaldeh |
190 |
228,000 |
1,200 |
|
Kessrouan |
|||
|
Sarba |
160 |
240,000 |
1,500 |
|
Sahel Alma |
200 |
340,000 |
1,700 |
|
Suhaili |
170 |
238,000 |
1,400 |
|
Zouq Mosbeh |
150 |
195,000 |
1,300 |
|
Adonis |
190 |
231,800 |
1,220 |
|
Ballouneh |
165 |
239,000 |
1,450 |
|
Adma |
240 |
456,000 |
1,900 |
Source: Information International
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