Syria Real Estate Market Outlook: Trends and Recent Developments
July 22, 2026
Damascus has experienced a rise in property prices, with prime districts like Malki and Abu Rummaneh exceeding $2,000 per square meter, while mid-income areas range between $600 and $1,000. This increase is driven by heightened demand and rising construction costs.
In February 2026, Syria and Saudi Arabia signed multibillion-dollar investment deals, including the development of two airports in Aleppo and projects in energy and telecommunications sectors. These investments aim to bolster Syria's economy post-conflict.
In July 2026, Russia began operating a commercial logistics hub at Tartous port, with plans to re-export goods to Iraq, Jordan, and Gulf states. This project enhances the port's role as a regional trade hub.
Despite improved harvests, northern Syria faces a persistent food crisis, expected to continue until January 2027. This situation impacts the region's economic and social stability.
Finally, in July 2026, Syria inaugurated its new parliament, reflecting progress in rebuilding political institutions. This development may influence the real estate market's stability in the future.