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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
Septemper 2009

Percent change
Commercial meter by thousand
Residential meter by thousand
Region
% 2-
1 million
176.4 – 245   SYP
Al Malki/Kafr souseh Organization
- %3
500  SYP
169.75 – 194   SYP
Abo Rumaneh
% 2-
350  SYP
166.6 – 215.6  SYP
Mezzeh eastern villas
% 2-
400  SYP
167.4 – 196  SYP
Mezzeh western villas
- %3
750  SYP
95   SYP
Mezzeh otstrad
 (the towers)
% 2-
750  SYP
490  SYP
Mezzeh otstrad
(the villas)
-  5%
150  SYP
46.1 – 69.15  SYP
Mazzeh Jabal
- 6%
125  SYP
45.6 – 68.45  SYP
Muhajreen
- 10%
100  SYP
21.85 – 30.6  SYP
Jaramana main street
% 8-
125 SYP
26.8 – 35.7 SYP
Jaramanah rawdah
-  4%
125  SYP
46.6– 55.9 SYP
Dumar project
- %3
160  SYP
65.9 – 75.3  SYP
Dumar project expansion
-  8%
40  SYP
12.5 – 16.6 SYP
Qattana first housing
- 10%
30  SYP
8.1 – 12.2 SYP
Qattana second housing
-  8%
50  SYP
24.9 – 29  SYP
Artouz first housing
- 10%
40  SYP
16.2 – 20.3  SYP
Artouz second     housing  
- 12%
25  SYP
9.5 – 13.5  SYP
Artouz Town
- 10%
13 SYP
8.1 – 10.5 SYP
Jedaidet al fdel
- 8 %
30 – 60 SYP
24.9 – 29  SYP
Ashrafiet Sehnaya
- 10%
15 – 30 SYP 
16.2 – 20.3  SYP
Sehnaya

Region
Residential meter by thousand
Commercial meter by thousand
Percent change
Kudsia suburb
 (iskan building)
35 SYP
300 SYP
% 0
Kudsia suburb
(binaa jamaiat)
30 – 33 SYP
300 SYP
 % 0
Kudsia suburb
(private sector)
31.2- 40.1 SYP
300 SYP
- 11%
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
196 SYP
600 SYP
% 2-
Kassaa
97 SYP
1 Million
 3-%
Adawi
97 – 121.3 SYP
200 SYP
 3-%
Tijara
57 – 95 SYP
250 – 300 SYP
 5-%
East of tijara
145.5 – 194 SYP
--
 3- %
Kaboun
 (new building)
57– 71.3 SYP
100 SYP
 5-%

 
  
 
  
  

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