Real Estate Prices - February 2013

This modest increase in transactions did not generate higher prices and most properties maintained stable price levels, with a propensity to increase slightly in the next coming months should the demand continue to grow.

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

Prices of some estates sold in February 2013

Table 1

Region

Area m²

Price (USD)

USD/m²

Beirut

Ashrafieh

600

3,000,000

5000

Baabda

Hazmieh (Mar Taqla)

1000

2,000,000

2,000

Louaizi

950

1,282,500

1,350

Matn

Jal El-Dib

1,680

2,184,000

1,300

Baabdat

1,000

700,000

700

Ain Saadeh

1,200

996,000

830

Aley

Doha Hoss

2,000

1,500,000

750

Kessrouan

Zouk Mosbeh

1,200

1,200,000

1,000

Jeita

1,000

600,000

600

Source: Information International- February 2013

Prices of some apartments sold in February 2013

Table 2

Region

Area m²

Price (USD)

USD/m²

Beirut

Bourj El-Murr

170

391,000

2,300

Qraytem

250

1,000,000

4,000

Aisha Bakkar

100

200,000

2,000

Hamra

100

500,000

5,000

Ain El-Tineh

180

810,000

4,500

Bristol

220

726,000

3,300

Ras Beirut

250

800,000

3,200

Mohammad El-Hout

180

540,000

3,000

Barbour

200

320,000

1,600

Baabda

Baabda (Palace Road)

190

494,000

2,600

Furn El-Chebbak

360

540,000

1,500

Hazmieh (Brazilia)

200

500,000

2,500

Hazmieh (Mar Taqla)

350

682,500

1,950

Yarzeh

280

840,000

3,000

Hadath

150

150,000

1,000

Haret Hreik

170

221,000

1,300

Chiyyah

140

196,000

1,400

Matn

Dbayyeh

220

308,000

1,400

Zalqa

202

425,000

1,700

Mansourieh

180

234,000

1,300

Broumana

150

195,000

1,300

Jal El-Dib

150

247,500

1,650

Dawra

120

132,000

1,100

Aley

Aramoun

130

156,000

1,200

Doha Aramoun

160

160,000

1,000

Khaldeh

180

225,000

1,250

Bshamoun (Madares)

120

144,000

1,200

Kessrouan

Sahel Alma

200

320,000

1,600

Ghadeer

180

252,000

1,400

Ashqout

120

168,000

1,400

Zouq Mkhayel

190

256,500

1,350

Source: Information International- February 2013

 

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