Real Estate Prices - November 2013
The turmoil unfolding in Syria and its effects on Lebanon continue to affect the Lebanese real estate market and the return of the car bombings has discouraged investment in property, despite an increase in supply.
Tables 1 and 2 illustrate the prices of some estates and apartments sold in November 2013.
Prices of some estates sold in November 2013 |
Table 1 |
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Region |
Area m2 |
Price (USD) |
USD/m2 |
Beirut |
|||
Ashrafieh (Monot) |
610 |
7,930,000 |
13,000 |
Zqa el-Blat |
750 |
6,750,000 |
9,000 |
Baabda |
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Arayya |
1,000 |
800,000 |
800 |
Hazmieh (Mar Taqla) |
950 |
2,707,500 |
2,850 |
Matn |
|||
Broumana |
1,400 |
448,000 |
320 |
Mazraat Yashou’ |
700 |
560,000 |
800 |
Ain Saadeh |
620 |
310,000 |
500 |
Qornat Chehwan |
1,200 |
1,200,000 |
1,000 |
Aley |
|||
Aley |
1,900 |
323,000 |
170 |
Khaldeh |
1,500 |
1,275,000 |
850 |
Kessrouan |
|||
Kfardebian |
1,000 |
250,000 |
250 |
Sahel Alma |
1,250 |
2,125,000 |
1,700 |
Ghedras |
800 |
240,000 |
300 |
Ashqout |
2,650 |
1,060,000 |
400 |
Ajaltoun |
1,100 |
495,000 |
450 |
Source: Compiled by Information International
Prices of some apartments sold in November 2013 |
Table 2 |
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Region |
Area m2 |
Price (USD) |
USD/m2 |
Beirut |
|||
Mazraa- Chams Beirut |
170 |
425,000 |
2,500 |
Hamra- Abou Taleb |
120 |
384,000 |
3,200 |
Saqiyat Janzeer |
220 |
594,000 |
2,700 |
Sodeco-Mohammad el-Hout |
180 |
540,000 |
3,000 |
Tallet el-Khayyat |
280 |
1,092,000 |
3,900 |
Ain el-Tineh |
200 |
800,000 |
4,000 |
Ashrafieh |
185 |
536,500 |
2,900 |
Ashrafieh- Rizk |
160 |
480,000 |
3,000 |
Baabda |
|||
Yarzi |
400 |
1,100,000 |
2,750 |
Baabda |
250 |
700,000 |
2,800 |
Hadath |
200 |
300,000 |
1,500 |
Ain Roummaneh |
100 |
150,000 |
1,500 |
Hazmieh- Mar Taqla |
270 |
499,500 |
1,850 |
Hazmieh- Mar Taqla |
240 |
552,000 |
2,300 |
Hazmieh- Maw Taqla |
190 |
380,000 |
2,000 |
Mraijeh |
150 |
157,000 |
1,050 |
Matn |
|||
Rabwi |
250 |
275,000 |
1,100 |
Sin el-Fil |
230 |
690,000 |
3,000 |
Bouchrieh |
170 |
306,000 |
1,800 |
Mansourieh |
180 |
324,000 |
1,800 |
Jal el-Dib |
210 |
336,000 |
1,600 |
Rabieh |
400 |
880,000 |
2,200 |
Zalqa |
120 |
216,000 |
1,800 |
Aley |
|||
Bshamoun |
240 |
384,000 |
1,600 |
Aramoun |
170 |
280,500 |
1,650 |
Aramoun |
120 |
132,000 |
1,100 |
Choueifat- Oumara |
140 |
140,000 |
1,000 |
Doha Aramoun |
150 |
165,000 |
1,100 |
Doha el-Hoss |
260 |
286,000 |
1,100 |
Kessrouan |
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Zouq Mosbeh |
170 |
229,500 |
1,350 |
Ballouneh |
150 |
180,000 |
1,200 |
Sahel Alma |
160 |
296,000 |
1,850 |
Adoniss |
170 |
246,500 |
1,450 |
Tabarja |
150 |
240,000 |
1,600 |
Adma |
165 |
330,000 |
2,000 |
Source: Compiled by Information International
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