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Jordan: Real estate trading reaches $1bln by February
Jordan: Real estate trading reaches $1bln by February

Zawya

time12-03-2025

  • Business
  • Zawya

Jordan: Real estate trading reaches $1bln by February

AMMAN: The volume of real estate trading in the Kingdom reached JD1.09 billion by the end of February 2025, marking a 1 per cent increase compared with the same period in 2024, the Department of Lands and Survey announced on Tuesday. The trading volume for February alone amounted to JD545 million, the Jordan News Agency, Petra, reported. The report showed that revenues from real estate transactions rose by 9 per cent year-on-year, reaching JD47.4 million by the end of February. Property sales saw a 3-per-cent decline, with apartment sales dropping by 4 per cent and land sales decreasing by 5 per cent. The total number of properties sold in the first two months of the year stood at 2,265. On a monthly level, revenues for February fell by 2 per cent compared with the same month last year, amounting to JD21.7 million. © Copyright The Jordan Times. All rights reserved. Provided by SyndiGate Media Inc. (

Real estate trading reaches JD1.09b by February
Real estate trading reaches JD1.09b by February

Jordan Times

time11-03-2025

  • Business
  • Jordan Times

Real estate trading reaches JD1.09b by February

The Department of Lands and Survey on Tuesday says that the volume of real estate trading in the Kingdom reached JD1.09 billion by the end of February 2025, marking a 1 per cent increase compared with the same period in 2024 (File photo) AMMAN — The volume of real estate trading in the Kingdom reached JD1.09 billion by the end of February 2025, marking a 1 per cent increase compared with the same period in 2024, the Department of Lands and Survey announced on Tuesday. The trading volume for February alone amounted to JD545 million, the Jordan News Agency, Petra, reported. The report showed that revenues from real estate transactions rose by 9 per cent year-on-year, reaching JD47.4 million by the end of February. Property sales saw a 3-per-cent decline, with apartment sales dropping by 4 per cent and land sales decreasing by 5 per cent. The total number of properties sold in the first two months of the year stood at 2,265. On a monthly level, revenues for February fell by 2 per cent compared with the same month last year, amounting to JD21.7 million.

Jordan's real estate trading volume hits JD1.089 billion
Jordan's real estate trading volume hits JD1.089 billion

Ammon

time11-03-2025

  • Business
  • Ammon

Jordan's real estate trading volume hits JD1.089 billion

Ammon News - The volume of real estate trading in Jordan increased during the first two months of 2025 by 1%, compared to the same period in 2024, to reach JD1.089 billion, according to the monthly report of the Department of Lands and Survey. The report showed that the volume of real estate trading during last February increased by less than 1% compared to last January, reaching JD545 million, while the value of revenues for the same month decreased by 2% compared to the same month in 2024, and 16% compared to the previous month, recording JD21.4 million. The value of revenues increased during the first two months of 2024 by 9% compared to the same period last year, reaching JD47.4 million, the report indicated. Real estate sales in Jordan have decreased by 3% since the beginning of 2025, as apartment sales increased by 4%, and land sales decreased by 5%, compared to the same period last year. During last February, real estate sales decreased by less than 1%, as apartment sales increased by 3%, and land sales decreased by 2%, compared to the same period last year. The report confirmed that the number of properties sold to companies in Jordan during the past two months reached 2,265 properties. According to the report, the number of non-Jordanian ownership transactions decreased by 17% during the past two months, as apartment sales decreased by 11%, and land sales by 24%, compared to the same period last year. The number of non-Jordanian property ownership transactions decreased by 26% last month, as apartment sales decreased by 8%, and land sales decreased by 45%, compared to the same month last year.

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