Beirut, Lebanon
Property prices · 2024 · Middle East
Property price trend in Beirut (2024–2026)
Other Middle East cities (2024)
Frequently asked questions
How much does property cost in Beirut in 2024?
In Beirut, the average price per sqm in the city centre is USD 2,500, and USD 1,500 outside the centre (2024 data). Prices have risen 7% since 2024.
How much is rent in Beirut in 2024?
A 1-bedroom apartment in Beirut rents for approximately USD 800 per month in 2024. A 3-bedroom apartment costs around USD 1,500/month.
Is it better to buy or rent in Beirut?
Buying may offer better long-term value in Beirut. The price-to-rent ratio is 12.0x — it would take approximately 12.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 18.50%.
What are mortgage rates in Lebanon in 2024?
The average mortgage rate in Lebanon is approximately 18.50% as of 2024. With a price-to-rent ratio of 12.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Beirut?
The average property price per square metre in Beirut city centre is USD 2,500 in 2024. Outside the centre, expect to pay around USD 1,500/sqm.