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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
October - November 2009

Percent change
Commercial meter by thousand
Residential meter by thousand
Region
% 5-
1 million
167.6 – 233   SYP
Al Malki/Kafr souseh Organization
-  6 %
500   SYP
159.75 – 182.5   SYP
Abo Rumaneh
-  5%
1 Million
380 – 475 SYP
Western Malki
% 5-
350  SYP
158.3 – 204.8  SYP
Mezzeh eastern villas
% 5-
400  SYP
167.6 – 186.2  SYP
Mezzeh western villas
-  6 %
750  SYP
89.3   SYP
Mezzeh otstrad
 (the towers)
% 5-
750  SYP
465.5  SYP
Mezzeh otstrad
(the villas)
-  7%
150  SYP
42.9 – 64.4  SYP
Mazzeh Jabal
-  7%
125  SYP
42.4 – 63.7  SYP
Muhajreen
% 8-
100  SYP
20.1 – 28.2  SYP
Jaramana main street
% 8-
125 SYP
24.7 – 32.9   SYP
Jaramanah rawdah
-  9%
125  SYP
42.4– 50.9  SYP
Dumar project
-  6 %
160  SYP
62.9– 75.5  SYP
Dumar project expansion
-  8%
40  SYP
11.5– 15.3  SYP
Qattana first housing
-  7%
30  SYP
7.5 – 11.4  SYP
Qattana second housing
-  8%
50  SYP
22.9 – 26.7  SYP
Artouz first housing
-  7%
40  SYP
15.1 – 18.9  SYP
Artouz second     housing 
-  8%
25  SYP
8.7– 12.4  SYP
Artouz Town
-  9%
13 SYP
7.4– 9.5  SYP
Jedaidet al fdel
-  8%
30 – 60 SYP
22.9 – 26.7  SYP
Ashrafiet Sehnaya
-  9%
15 – 30 SYP
14.8 – 18.5  SYP
Sehnaya

Region
Residential meter by thousand
Commercial meter by thousand
Percent change
Kudsia suburb
 (iskan building)
30 - 32  SYP
300 SYP
-  8%
Kudsia suburb
(binaa jamaiat)
30 – 33 SYP
300 SYP
 % 0
Kudsia suburb
(private sector)
30- 35  SYP
300 SYP
- 12%
East of rukn al deen within the green belt
100 – 150  SYP
110 – 125 SYP
-  11%
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
184  SYP
600 SYP
-  6 %
Kassaa
90.2 SYP
1 Million
-  7%
Adawi
90.2 – 112.8 SYP
200 SYP
-  7%
Tijara
52.5 – 87.4  SYP
250 – 300 SYP
-  8%
East of tijara
136.8– 182.4 SYP
--
-  6 %
Kaboun
 (new building)
35– 66.3  SYP
100 SYP
-  7%

 
  
 
  
  

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