Syria Real Estate Market Overview July 2026

In May 2026, UAE-based Emaar Properties announced the termination of its partnership in the "Eighth Gate" project in Yafour, while continuing to operate independently in the Syrian market. In June 2026, the "Abyat Hills" residential project was launched in the Qudsaya suburb, aiming to build 2,000 housing units over 300,000 square meters within four years, in partnership between a private developer and the General Housing Authority. Forecasts for 2026 indicate that the Syrian real estate market is experiencing a revival driven by reconstruction projects, returning expatriates, and foreign investor interest, particularly in Damascus, Aleppo, and Latakia. However, the market faces economic challenges, with property prices in upscale areas like Mezzeh and Abu Rummane in Damascus rising, making homeownership difficult for many citizens. For investors, major cities such as Damascus, Aleppo, and Latakia remain key attractions, with increased demand for residential and commercial properties. Regarding prices, properties in prime locations continue to rise, indicating market recovery, but with ongoing economic challenges affecting citizens' purchasing power.