Syria Real Estate Market Brief for July 13, 2026

The Syrian real estate market has experienced a notable recovery in recent months, driven by reconstruction projects and foreign investments. In June 2026, the "Abyat Hills" project was launched in the Qudsaya suburb near Damascus, aiming to build 2,000 housing units over 300,000 square meters within four years, in collaboration between a private developer and the General Housing Authority. Additionally, a joint gas project between the Syrian Petroleum Company and Saudi firm ADES was announced to develop and operate several gas fields in Homs province, reflecting strengthened Gulf partnerships in Syria's energy sector. On the security front, Damascus experienced two explosions near the Four Seasons Hotel during French President Emmanuel Macron's visit on July 7, 2026, raising concerns about the country's security stability. Regarding living costs, the average monthly rent for a one-bedroom apartment in the city center was approximately $285, with significant variations between cities and neighborhoods. For investors, "Baytna" currently offers 12 listings, including 10 properties for sale with an average price of about $135,900, and 1 property for rent at an average of about $200 per month. Overall, the Syrian real estate market shows signs of recovery but faces challenges related to security stability and rising living costs.