I was really amazed when I visited the PropertyLink 2006, a property & real estate investment exhibition organized by B-design & Marketing in the Le Royal hotel in Amman – Jordan. Real estate industry in Jordan is witnessing sizable rise in real estate projects, new municipalities are being planned and constructed in and around Jordanian cities, the concept of independent suburbs being shaped and developed in a high quality and elegant style is growing and I imagine results will be great.

Abdali project in Amman is amazing, it will contain the American University, two hotels, walking area and lots of residential and commercial buildings, I believe this area will be so beautiful. Green Land in another project located nearby Marj AlHamam, just few kilometers away from the 7th circle, this land will comprise various types of properties; Villas, Semi-Villas and Flats, those who will live there will enjoy many services and utilities; malls, cinemas, sports facilities, restaurants, cafes and much much more, interesting isn’t it? Andalucia, a project located nearby Madaba 15 minutes away from the capital, is similar to the previous project but the services and utilities are less, but I think it is the first one of its kind in Jordan.

The scene in Zarqa is a little bit different, a big project is under progress on a land that was previously a military area for the army, the project is being handled by Mawared which is developing most of it, and I say most of it because there are two smaller entities are developing parts of it, The Land and Madaen AlNour, each one of the three companies is creating residential properties that includes Villas, Semi-Villas and Flats; with the services and utilities for sure.

The beauty is in Aqaba, Tala Bay, which already finished and sold the first stage of its magnificent project, is bringing the southern beach to life, Villas and apartments directly on the beach, the other stages of the project will include Golf courses, sports facilities, hotels, shopping malls, marina and much much more, their prices start from 70,000 JD’s for 2 rooms (1 bedroom and 1 living room) apartments. The second amazing project in the city is Ayla on the northern beach, and this one is going to be something, the sea-water will run through the area back to its source, the project will include magnificent properties, the residential which will include Villas, Semi-Villas & apartments, Golf courses, 5 five-stars hotels, commercials and sports facilities, restaurants and an area called Arabian Venice, I don’t what this is going to be but it will be nice if it will be like the real Venice. Some of these projects are partially ready and sold; some of them will begin to deliver ready properties to live in.

It’s amazing that a small country like Jordan, in the middle of the conflicts surrounding us can have such projects and developments.

Real Estate Investments in Jordan

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