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This company was established in 2006 to develop real estate projects in Syria, in collaboration with Balhasa International (the largest real estate company in the United Arab Emirates) and mas economic group. It strives at becoming one of the largest real estate developers in Syria, with an expansion plan to include other countries in the Arab World.

  
  
  

.::.   Most of the structure works of the tourist section villas of jasmine hills have been completed by 90% the rest is expected to be completed during the period of 6 weeks  .::.  Award for Palmyra during City View 2009   .::.  

  
 
 
Reports the status of Palmyra research and studies center about the real estate market in Syria - Damascus City
  
 
 

 The Price of residential and commercial meter in the city of Damascus
August 2009

Percent change
Comercial meter by thoesand
Residential meter by thousand
Region
0%
1 million
180 - 250 SYP
Al Malki/Kafr souseh Organization
0%
500  SYP
175 – 200 SYP
Abo Rumaneh
0%
350  SYP
170 – 220  SYP
Mezzeh eastern villas
0%
400  SYP
180 – 200  SYP
Mezzeh western villas
- 3%
750  SYP
97  SYP
Mezzeh otstrad
 (the towers)
0%
750  SYP
500  SYP
Mezzeh otstrad
(the villas)
- 3%
150  SYP
48.5 – 72.75  SYP
Mazzeh Jabal
- 3%
125  SYP
48.5 – 72.75  SYP
Muhajreen
- 3%
100  SYP
24.25 – 34  SYP
Jaramana main street
- 3%
125 SYP
29.1 – 38.8 SYP
Jaramanah rawdah
- 3%
125  SYP
48.5 – 58.2 SYP
Dumar project
- 3%
160  SYP
67.9 – 77.6  SYP
Dumar project expansion
- 10%
40  SYP
13.5 – 18 SYP
Qattana first housing
- 10%
30  SYP
9 – 13.5 SYP
Qattana second housing
- 10%
50  SYP
27 – 31.5  SYP
Artouz first housing
- 10%
40  SYP
18 – 22.5  SYP
Artouz second     housing  
- 10%
25  SYP
10.8 – 15.3  SYP
Artouz Town
- 10%
13 SYP
9 – 11.7 SYP
Jedaidet al fdel
- 10%
30 – 60 SYP
27 – 31.5  SYP
Ashrafiet Sehnaya
- 10%
15 – 30 SYP 
18 – 22.5  SYP
Sehnaya

Region
Residential meter by  thousand
Commercial meter by thousand
Percent change
Kudsia suburb
 (iskan building)
35 SYP
300 SYP
- 5%
Kudsia suburb
(binaa jamaiat)
30 – 33 SYP
300 SYP
- 5%
Kudsia suburb
(private sector)
35- 45 SYP
300 SYP
- 5%
East of rukn al deen within the green belt
125 – 170 SYP
110 – 125 SYP
0%
East of rukn al deen
90 – 100 SYP
--
0%
Burnia street
150 – 200 SYP
350 – 400 SYP
0%
Rukn al deen
60 – 75 SYP
250- 300 SYP
0%
Al maisat
100 – 125 SYP
200 – 250 SYP
0%
Gassani
200 SYP
600 SYP
0%
Kassaa
100 SYP
1 Million
0%
Adawi
100 – 125 SYP
200 SYP
0%
Tijara
60 – 100 SYP
250 – 300 SYP
0%
East of tijara
150 – 200 SYP
--
0%
Kaboun
 (new building)
60 – 75 SYP
100 SYP
0%

 
  
 
  
  

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