Foreign Property Ownership in Jordan Rises 17%

Foreign Property Ownership in Jordan Rises 17%
Foreign Property Ownership in Jordan Rises 17%
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The estimated value of real estate acquired by non-Jordanians in Jordan rose by 17% during the first nine months of 2026, reaching JD 168.311 million, an increase of about JD 24.5 million compared with the same period in 2025, despite a 1% decline in the number of ownership transactions, according to the latest report by the Department of Lands and Survey.
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The report, reviewed by Al Mamlaka, showed that the increase in the value of foreign property ownership coincided with a 7% rise in apartment transactions, while land transactions fell by 12%. Apartments accounted for 57% of the total estimated value of properties acquired by non-Jordanians.

A total of 1,736 properties were acquired by non-Jordanians during the first nine months of the year, compared with 1,749 during the same period last year, representing a 1% decline.

Meanwhile, the estimated value of these transactions increased from JD 143.828 million to JD 168.311 million, a rise of JD 24.483 million, or 17%.

The estimated value was distributed between apartments, at JD 96.439 million, or 57% of the total, and land, at JD 71.872 million, or 43%.

In terms of transaction numbers, apartment purchases increased from 1,035 to 1,105, a 7% rise, while land transactions fell from 714 to 631, a 12% decline, compared with the first nine months of 2025.

Iraqis Lead Foreign Property Ownership

Iraqi investors maintained their lead among non-Jordanian property owners during the first nine months of the year, both in terms of the number and estimated value of properties acquired.

Iraqis acquired 416 properties, followed by Saudis with 219, Syrians with 210, Palestinians with 163 and Americans with 147.

In terms of value, Iraqis also ranked first, with an estimated total of JD 70.257 million, accounting for 42% of the total value of property transactions by non-Jordanians.

Americans ranked second with JD 12.548 million, or 7.4%, followed by Palestinians with JD 11.793 million, or 7%, Syrians with JD 11.674 million, or 6.9%, and Britons with JD 9.686 million, or 5.7%.

September Value Rises 4% Despite Fewer Deals

On a monthly basis, data for September showed that the estimated value of property purchases by non-Jordanians rose 4% year-on-year to JD 21.198 million, compared with JD 20.428 million in September 2025, despite a 1% decline in the number of transactions.

There were 221 ownership transactions in September, down 14% from August, while their estimated value declined 11% month-on-month.

September transactions included 152 apartments, up 3% year-on-year and down 9% from August, as well as 69 plots of land, down 8% year-on-year and 23% month-on-month.

In terms of value, apartments accounted for JD 14.091 million, or 66% of the total value of September transactions, while land accounted for JD 7.107 million, or 34%.

Iraqis Lead September Transactions

Iraqis also led non-Jordanian property purchases in September by number, with 43 properties, followed by Syrians with 29, Americans with 26, Saudis with 24 and Palestinians with 21.

Iraqis also recorded the highest estimated value of purchases during the month, at JD 7.179 million, accounting for 34% of the total estimated value of properties acquired by non-Jordanians.

Americans ranked second with JD 2.873 million, or 14%, followed by Syrians with JD 1.585 million, or 7%, Saudis with JD 1.393 million, or 6.5%, and Libyans with JD 1.273 million, or 6%.

Source: Al Mamlaka