Real Estate Prices - January 2014

The developments in the region- precisely, Syria - and their implications on Lebanon.

The local political and economic situation.

The size of the Lebanese and Arab capital drawn into the market for investment.

Table 1 and 2 illustrate the prices of some estates and apartments sold in January 2014.

Prices of some estates sold in January 2014

Table 1

Region

Area m2

Price (USD)

USD/m2

Beirut

Rmeil, Ashrafieh

290

2,030,000

7,000

Sodeco

790

7,702,500

9,750

Baabda

Hazmieh

760

1,786,000

2,350

Loueizi

2,650

3,047,500

1,150

Arayya

1,200

540,000

450

Matn

Nar el-Mawt

1,610

1,449,000

900

Bsaleem

1,800

1,980,000

1,100

Elissar

650

682,500

1,050

Aley

Aley

1,000

170,000

170

Bshamoun

1,050

577,500

550

Kessrouan

Adma

2,100

1,785,000

850

Adma

1,300

1,950,000

1,500

Chnanaair

2,250

1,125,000

500

Ajaltoun

1,500

600,000

400

Source: Compiled by Information International

Prices of some apartments sold in January 2014

Table 2

Region

Area m2

Price (USD)

USD/m2

Beirut

Rizk, Ashrafieh

110

385,000

3,500

Sioufi, ashrafieh

150

510,000

3,400

Gemmayzeh

170

391,000

2,300

Rmeil

120

288,000

2,400

Tallet el-Khayyat

200

640,000

3,200

Ain Mreisseh

200

880,000

4,400

Ain el-Tineh

250

1,000,000

4,000

Dennawi

160

320,000

2,000

Baabda

Hazmieh

200

380,000

1,900

Burj el-Barajneh

150

129,000

860

Hadath

165

239,250

1,450

Yarzi

280

672,000

2,400

Baabda

230

345,000

1,500

Matn

Mansourieh

165

222,750

1,350

Awkar

170

255,000

1,500

Sin el-Fil, Horsh Tabet

400

800,000

2,000

Rabweh

270

486,000

1,800

Qornet Chehwan

230

460,000

2,000

Ain Saadeh

200

400,000

2,000

Sin el-Fil, Habtour

190

437,000

2,300

Aley

Khaldeh

130

130,000

1,000

Aramoun

160

184,000

1,150

Doha Aramoun

200

240,000

1,200

Bshamoun (Madares)

120

132,000

1,100

Aley

140

119,000

850

Kessrouan

Sarba

120

144,000

1,200

Al-Bouar

100

130,000

1,300

Ajaltoun

250

250,000

1,000

Sahel Alma

140

196,000

1,400

Zouq Mosbeh

150

150,000

1,000

Jeita

170

246,500

1,450

Source: Compiled by Information International

Leave A Comment