Amman — Economic experts agreed that Iraqi investors topping the value of non-Jordanians’ real estate ownership in Jordan, at around JD 53.3 million during the first seven months of this year, accounting for 43% of the total value of non-Jordanian transactions, reflects the continued position of Jordan’s real estate market as an attractive destination for Iraqi capital, whether for housing, investment or preserving value.
Speaking to Al Rai, the experts noted that the 15% increase in the value of foreign ownership, despite a decline in the number of transactions, is a positive indicator of the quality and value of investments entering the real estate market. It also confirms that Jordan remains capable of attracting foreign capital. However, the next challenge is to transform this real estate demand into productive and sustainable investments that support economic growth and create jobs.
The number of real estate ownership transactions by non-Jordanian investors in Jordan during the first seven months of this year reached 1,258 properties, down 5% compared with the same period in 2025. Meanwhile, the estimated value of these transactions increased by 15% to JD 123.4 million, according to a report by the Department of Lands and Survey.
During the first seven months of the year, ownership transactions consisted of 786 apartments, up 2% from the same period last year, and 472 plots of land, down 16%.
The estimated value of apartments purchased by non-Jordanians stood at JD 67.6 million, accounting for 55% of the total transaction value, while land purchases amounted to JD 55.8 million, or 45%.
Iraqi nationals ranked first in terms of the number of properties acquired by non-Jordanians during the first seven months of the year, with 313 properties, followed by Saudi nationals with 160, Syrians with 144, Palestinians with 121, and Americans with 93.
In terms of value, Iraqi nationals also maintained the top position, with an estimated value of JD 53.278 million, representing 43% of the total estimated value of non-Jordanian ownership transactions.
Economic expert Hossam Ayesh said data on real estate trading, non-Jordanian ownership and the activity level in terms of transaction numbers and values show that Jordan’s real estate sector remains capable of maintaining its investment appeal.
Ayesh noted that the latest figures point to a shift in the nature of demand rather than an expansion in market size. While non-Jordanian ownership transactions declined, their overall value increased significantly, reflecting a relative shift toward higher-value properties and more selective demand from investors.
He said this trend is particularly significant given the role of real estate as a store of value and an indicator of investor confidence in the Jordanian economy.
Ayesh added that assessing the performance of the real estate market is not based solely on the number of transactions, but also on their value, composition and sources of demand. The figures therefore show that the market has not experienced significant growth in the number of non-Jordanian buyers, but they do indicate a clear increase in the value of the properties they are purchasing.
Economic expert Wajdi Makharm said Iraqi investors accounting for around JD 53.3 million of non-Jordanians’ real estate ownership during the first seven months of the year, or 43% of the total value, reflects the continued appeal of Jordan’s real estate market to Iraqi capital for housing, investment and value preservation.
Makharm said the most important aspect of the statistics from an economic perspective is that the value of ownership increased by 15% despite a 5% decline in the number of transactions. This means the market is witnessing an increase in the average value of ownership deals, indicating a relative shift toward higher-value properties.
He added that the 2% increase in apartment ownership, compared with a 16% decline in land purchases, indicates that foreign demand is increasingly focused on ready-to-use or investment-ready properties. This could benefit Jordanian real estate development companies by encouraging them to offer products more specifically targeted at non-Jordanian investors.
Makharm also said that the concentration of 43% of foreign ownership value among Iraqi nationals represents an important opportunity, but also highlights the need to diversify the investor base by attracting more investors from the Gulf, Europe, the United States and Asia, thereby reducing reliance on a single nationality.
He stressed that the goal should not be limited to simplifying ownership procedures, but should involve building an integrated system for foreign real estate investment, including streamlining procedures, promoting Jordanian real estate abroad, developing projects specifically designed for foreign investors, and linking property ownership to investment opportunities in other sectors such as tourism, healthcare, education and services.
He noted that the 15% increase in the value of foreign ownership, despite the decline in the number of transactions, is a positive indicator of the quality and value of investments entering the real estate market. It confirms that Jordan remains capable of attracting foreign capital. However, the next challenge is to convert this real estate demand into productive and sustainable investments that support economic growth and create employment opportunities.
Housing sector investor Munther Kilani also said that Iraqi investors’ leading position in the value of non-Jordanians’ real estate ownership in Jordan, at around JD 53.3 million during the first seven months of the year, reflects the continued standing of Jordan’s real estate market as an attractive destination for Arab and foreign capital, whether for housing or investment.
