Syria Real Estate Market Outlook October 2026

In October 2026, Syria's real estate market experienced notable activity, particularly in Damascus and Aleppo. In Damascus, prices for ready-to-move-in apartments in areas like Mezzeh, Abu Rummaneh, and Malki ranged between $1,100 and $1,500 per square meter, driven by the return of Syrian expatriates and increased market confidence. In Aleppo, there was a noticeable rise in demand for properties, especially in popular and mid-range areas, leading to price increases. This trend reflects the recovery of the city's real estate market after years of decline. On the other hand, upscale areas in Damascus, such as Mezzeh and Abu Rummaneh, saw prices exceeding $2,000 per square meter, indicating high demand for these locations. For Syrian expatriates, real estate investments in Syria increased significantly, benefiting from the strength of their foreign currencies against the Syrian pound. This trend reflects their desire to invest in their homeland after years of displacement. Regarding regulations, updates to property laws in Syria, including the digitization of ownership transactions and incentives for expatriates, have facilitated their investment in the real estate market. In terms of property prices, an increase was observed due to higher construction costs and increased demand, especially in Damascus and Aleppo. This trend reflects the recovery of the real estate market in these cities. In conclusion, Syria's real estate market in October 2026 shows a remarkable recovery, driven by the return of expatriates, increased demand, and regulatory updates that facilitate investment. This trend is expected to continue in the coming months, providing opportunities for investors and buyers.