AMMAN- The real estate deals volume in the Kingdom increased by 34% in the first third of 2021, as apartment deals raised by 19% and land deals increased by 39% in comparison with the same period of 2019, the Department of Land and Survey reported on Wednesday.
As per the department’s monthly report, cited by the Jordan News Agency, Petra, the cost of apartment exemptions in the initial four months of 2021 raised by 68%, in comparison to the same period of 2019, to JD32.4 million.
The department provided that it made comparisons between 2021 and 2019 due to the fact that workdays of April 2020 were not finished because of the lockdown and the epidemiological situation that required a comprehensive closure.
Meanwhile, the real estate trade volume in the initial third of the year fell by 9% in comparison with the same period of 2019, accounting for JD 1.34 billion, and the trade volume in April 2021 alone went down by 21% in comparison with the same month of 2019 to JD311 million.
The value of revenues in the January-April period of 2021 also saw a fall of 28% to JD55.26 million in comparison with the same period of 2019, while revenues in April 2021 alone fell by 39% in comparison with April 2019 and by 12% in comparison with March 2021 to JD12.65 million.
The calculated value of deals for non-Jordanians in April 2021 went low by 44% in comparison with the same month of 2019 and by 23% in comparison with March 2021 to JD13.7 million.
