All, Amman: A Premier Destination for Commercial Real Estate

Introduction

Amman, the capital of Jordan, is a thriving hub for commercial real estate (CRE), offering a unique blend of modernity and tradition. As a major economic center in the Middle East, Amman is known for its diverse economy, which includes industries such as technology, finance, and logistics. The city's strategic location and growing infrastructure make it an attractive destination for CRE investors and professionals looking to capitalize on its dynamic market.

Economic and Industry Overview

Amman's economy is driven by a mix of industries, with technology, finance, and logistics playing significant roles. The city's robust financial sector is supported by numerous banks and financial institutions, while its growing tech industry benefits from a pool of skilled talent and access to regional markets. Additionally, logistics and transportation are key drivers of demand for industrial and commercial properties, as the city serves as a crucial transit point for goods in the region. Regional economic development initiatives, such as the Jordan Investment Commission, aim to bolster these sectors further.

Strategic Location and Transportation Infrastructure

Amman's strategic location in the heart of the Middle East provides easy access to major markets in Asia, Europe, and Africa. The city is well-connected by a network of major highways, including the Desert Highway and the Airport Road, facilitating the efficient movement of goods and people. Queen Alia International Airport, located south of the city, serves as a major hub for both passenger and cargo flights, enhancing Amman's logistical advantages. For more information, visit the Jordanian Department of Transportation.

Commercial Real Estate Inventory & Zoning

Amman's CRE landscape is characterized by diverse submarkets, including the Central Business District (CBD), industrial corridors, and innovation districts. Key asset classes in the city include office spaces, industrial warehouses, retail centers, and multifamily developments. Recent zoning changes have encouraged the development of mixed-use projects and innovation hubs, offering incentives for developers. For detailed zoning maps and parcel information, explore the Amman Municipality's Zoning Portal.

Major Employers and Institutions

Amman is home to several major employers, including multinational corporations, financial institutions, and educational establishments. Top employers include the Arab Bank, Zain Jordan, and the University of Jordan. These institutions not only drive CRE demand but also contribute to the city's economic vitality. For a comprehensive list of businesses and institutions, visit the Jordan Chamber of Commerce.

Notable Commercial Developments & Projects

Recent years have seen a surge in large-scale development projects in Amman, such as the Abdali Project, a mixed-use development combining retail, office, and residential spaces. Additionally, the city has embraced public-private partnerships to foster growth in designated Opportunity Zones. For more information on current projects and planning documents, check the Greater Amman Municipality Planning Department.

Building Permits, Planning, and Development Tools

For developers seeking to engage in Amman's CRE market, the following resources are essential:

• Building Permits and Safety Department
• Permitting Portals
• Parcel Map Viewer / GIS
• Planning Commission
• Development Code

Market Data & Economic Reports

Amman's CRE professionals can access a wealth of public data sets to stay informed about market trends. Resources such as the Jordanian Department of Statistics and city-specific economic impact reports provide valuable insights. Brevitas leverages AI-powered aggregation from public data and internal insights to offer in-depth market analysis. Explore Brevitas-powered dashboards for Amman here.

Why Use Brevitas for All, Amman CRE?

Brevitas offers a suite of AI-driven tools tailored for the Amman CRE market, including:

• AI-driven CRE discovery
• Real-time market alerts
• Smart property pages
• Dealroom collaboration

Exclusive features such as auto-generated listing pages, email and landing page tools, and seamless integration with brokers and developers make Brevitas an invaluable platform for CRE professionals. Access exclusive listings and gain premium exposure on Brevitas.