Key Players in Amman's Real Estate Market
Prominent Real Estate Developers
The real estate development sector in Amman has been fueled by an array of dynamic developers who shape the city's skyline with innovative projects. Prominent developers in Amman range from reputed local firms to regional and international entities that collaboratively foster growth and modernization in the city.
One of the foremost developers is Eagle Hills Jordan, an established player known for its large-scale, mixed-use developments. They have undertaken significant projects such as the Marsa Zayed in Aqaba, showcasing their commitment to luxury and sustainable living spaces.
Ayla Oasis Development Company is another major contributor, focusing on integrating lifestyle with their real estate projects. Their work includes resorts, residential properties, and commercial facilities, emphasizing high-quality living experiences.
Saraya Aqaba Real Estate Development Company also plays a pivotal role, with projects that are often a blend of cultural heritage and modern architecture, sprucing up areas with premium residential areas alongside commercial and hospitality venues.
Real Estate Agencies and Brokers
The landscape of real estate transactions in Amman is navigated largely by a network of knowledgeable agencies and brokers who bring vital expertise to buyers, sellers, and investors. Coldwell Banker Jordan stands out among the top international franchises operating in the region, offering comprehensive brokerage services with an extensive portfolio of properties.
Century 21 Jordan also provides a significant presence in the market, delivering reliable advisory services driven by deep market insight and a global network facilitating local and international transactions.
Locally, Jordan Real Estate Company - Edama, acts as a crucial player, recognized for its tailored services and strong local market knowledge which aids clients in making informed real estate decisions.
Government and Regulatory Bodies
Amman's real estate market is regulated and supported by several key government bodies, ensuring robust frameworks and sustainable urban growth. The Greater Amman Municipality (GAM) plays a central role in urban planning and development, guiding the zoning and land use regulations critical for organized city expansion.
Additionally, the Jordan Land and Survey Department is responsible for land registration and ensuring legal clarity in property transactions, a pivotal aspect in protecting property rights and facilitating investment confidence.
The government-initiated Housing and Urban Development Corporation (HUDC) is tasked with developing affordable housing projects, promoting the inclusion and accessibility of housing solutions in response to increasing demand.
These entities work synergistically, alongside real estate professionals, to create a balanced growth environment that meets the city's economic and population needs while ensuring the integrity and sustainability of the real estate market.