Overview of the Jordan Real Estate Market

December 13, 2025

The real estate market in Jordan is considered one of the vital sectors of the national economy, as it contributes to encouraging investment, providing housing, and stimulating economic activity through both public and private spending. In recent years, the market has faced economic challenges and external factors such as regional conditions and rising financing costs. Nevertheless, it has demonstrated resilience and achieved relative growth during certain periods.

Real Estate Market Performance: Recent Data

1. Annual Trading Volume

• In 2023, real estate trading volume in Jordan reached approximately JOD 6.96 billion.
• During the first ten months of 2025, trading volume amounted to around JOD 5.8 billion, reflecting continued activity despite a slight slowdown.

2. Growth in 2025

• In the first half of 2025, real estate trading reached approximately JOD 3.132 billion, representing a 4% increase compared to the same period in 2024.
• In the first nine months of 2025, trading volume reached JOD 5.1 billion, marking a 2% increase compared to the same period in 2024.

3. Sales by Property Type

• The residential apartment market recorded an increase in sales, indicating sustained demand for housing, despite a relative slowdown in land sales during certain periods.

4. Foreign Ownership

• Property purchases by non-Jordanians declined by approximately 13% in 2025 compared to the previous year. However, the total value of foreign purchases increased, suggesting a shift toward higher-value properties among foreign investors.

Key Factors Influencing the Market

Positive Factors

✅ Government Incentives
Government measures such as registration fee exemptions have encouraged property purchases, particularly for first-time buyers.

✅ Stable Housing Demand
The continued rise in apartment sales reflects ongoing demand for housing in major cities such as Amman and Irbid.

✅ Improved Government Revenues
Despite fluctuations in trading volumes during certain months, government revenues from real estate-related activities increased during several periods.

Challenges

⚠️ Decline in Foreign Purchases
This decline may be attributed to economic pressures or changing investment priorities.

⚠️ Monthly Market Fluctuations
Trading data indicates declines in some months, reflecting seasonal variations or temporary weakness in demand.

⚠️ Financing Challenges
High financing costs and taxes affect purchasing power for certain segments of buyers, highlighting the need for additional government support mechanisms.

Future Outlook

1. Continued Moderate Growth

The market is expected to maintain moderate growth during 2026–2027, driven by local demand, government incentives, and financial market stability. Annual growth in trading volume is projected to range between 2% and 5%, assuming current policies remain unchanged.

2. Gradual Increase in Property Prices

Due to sustained demand—particularly for residential units—property prices are expected to rise gradually, especially in major urban areas.

3. Foreign Investment Potential

With improvements in regulatory frameworks and enhanced investor confidence, the market could witness a partial recovery in foreign ownership, particularly from Gulf countries and the region. This will largely depend on regional political and economic stability.

Conclusion

The Jordanian real estate market continues to play a central role in the national economy, maintaining solid levels of activity in recent years despite various challenges. The data indicates relatively stable growth in 2025, alongside positive signals in housing demand and real estate investment. With additional government incentives and a supportive investment environment, the sector has the potential to achieve broader growth in the coming years.