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

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

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

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

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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