As of 2024, Souissi neighborhood had the most expensive real estate offers in Rabat, Morocco. The average offer price stood at 21,000 Moroccan dirhams per square meter, some 2,148 U.S. dollars. On the other hand, Al Irfane neighborhood had the largest real estate negotiation margin between the offer price and the transaction price, standing at 38 percent. Hay Al Fath neighborhood followed at 31 percent.
Real estate offer vs transactions prices in Rabat in Morocco as of 2024, by neighborhood
(in 1,000 Moroccan dirhams)
Conversion rate as of August 12, 2024 was 1 MAD = 0.10 USD
According to the source, Machine Learning algorithms were employed to develop the most precise real estate valuation solutions in Morocco. The data is based on the browsing behaviors of around 200,000 monthly visitors to the website's advertisements in Casablanca. The cities most focused on are Casablanca and Rabat, which represent over 50 percent of the real estate market in the country.
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Agenz. (May 21, 2024). Real estate offer vs transactions prices in Rabat in Morocco as of 2024, by neighborhood (in 1,000 Moroccan dirhams) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/1483351/negotiation-margin-in-real-estate-in-rabat-morocco-by-neighborhood/
Agenz. "Real estate offer vs transactions prices in Rabat in Morocco as of 2024, by neighborhood (in 1,000 Moroccan dirhams)." Chart. May 21, 2024. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/1483351/negotiation-margin-in-real-estate-in-rabat-morocco-by-neighborhood/
Agenz. (2024). Real estate offer vs transactions prices in Rabat in Morocco as of 2024, by neighborhood (in 1,000 Moroccan dirhams). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/1483351/negotiation-margin-in-real-estate-in-rabat-morocco-by-neighborhood/
Agenz. "Real Estate Offer Vs Transactions Prices in Rabat in Morocco as of 2024, by Neighborhood (in 1,000 Moroccan Dirhams)." Statista, Statista Inc., 21 May 2024, https://www.statista.com/statistics/1483351/negotiation-margin-in-real-estate-in-rabat-morocco-by-neighborhood/
Agenz, Real estate offer vs transactions prices in Rabat in Morocco as of 2024, by neighborhood (in 1,000 Moroccan dirhams) Statista, https://www.statista.com/statistics/1483351/negotiation-margin-in-real-estate-in-rabat-morocco-by-neighborhood/ (last visited November 05, 2024)
Real estate offer vs transactions prices in Rabat in Morocco as of 2024, by neighborhood (in 1,000 Moroccan dirhams) [Graph], Agenz, May 21, 2024. [Online]. Available: https://www.statista.com/statistics/1483351/negotiation-margin-in-real-estate-in-rabat-morocco-by-neighborhood/
