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Jordan – Property Rental Prices

Typical Rental Prices in Popular Expat Areas in Jordan

Jordan, with its rich history, vibrant culture, and diverse landscapes, has become a destination of choice for expatriates seeking unique experiences. The cost of renting a property in Jordan can vary significantly based on location, property type, and local demand. Below, we’ll explore typical rental prices in areas popular with expats:

Amman: Amman, the capital and largest city of Jordan, is a bustling urban center with a mix of modernity and tradition. It offers various neighborhoods that cater to expatriates, each with its unique charm. Rental prices in Amman can range widely. In upscale areas like Abdoun or Dabouq, a one-bedroom apartment may cost between JOD 400 to JOD 800 per month. In more affordable neighborhoods such as Jabal Al-Weibdeh or Sweifieh, similar apartments could be found for JOD 250 to JOD 500 per month.

Aqaba: Aqaba, Jordan’s only coastal city, is a popular destination for expatriates seeking a beachside lifestyle. Rental prices in Aqaba are generally lower than in Amman. In areas near the Red Sea, a one-bedroom apartment might range from JOD 200 to JOD 400 per month. Apartments with sea views or located in resort areas may command higher rents.

Irbid: Irbid, located in the north of Jordan, is known for its universities and educational institutions. Rental prices in Irbid are relatively affordable, making it an attractive destination for students and expatriates. A one-bedroom apartment in Irbid might cost between JOD 150 to JOD 300 per month.

It’s important to note that rental prices can fluctuate based on factors such as the property’s condition, furnishings, and amenities. Additionally, expatriates should consider their proximity to work, schools, and other essential services when choosing a location in Jordan.

Rental Caps and Regulations in Jordan

Jordan does not have strict nationwide rental caps; however, there are regulations and guidelines governing the rental market to ensure fairness and protect the rights of both landlords and tenants. Key aspects of rental regulations in Jordan include:

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  • Rent Increases: In Jordan, landlords are generally free to set the initial rent price. However, there are rules regarding rent increases. Landlords can only increase rent once every two years, and the increase must not exceed 7% of the existing rent. This regulation aims to provide stability and prevent significant rent hikes.
  • Security Deposits: It is customary for landlords to request a security deposit from tenants, usually equivalent to one or two months’ rent. The security deposit is intended to cover any unpaid rent or damages to the property. At the end of the tenancy, the landlord is required to return the deposit, minus any legitimate deductions, within 15 days.
  • Rental Agreements: Rental agreements in Jordan should be in writing and include essential terms and conditions. These agreements typically cover details such as the rent amount, payment schedule, and responsibilities of both parties. It’s important for tenants to review the terms of the agreement and understand their rights and obligations.

While there are no strict rental caps, tenants and landlords in Jordan can refer to the Jordanian Civil Code and the Jordanian Rent Law for legal guidance and dispute resolution in case of disagreements.

Deposit Requirements and Rules for Return

When renting a property in Jordan, tenants are typically required to provide a security deposit to the landlord. The standard security deposit usually ranges from one to two months’ rent, although it can vary depending on the landlord and the property.

Key considerations regarding security deposits in Jordan include:

  • Deposit Protection: Landlords are required to keep tenants’ security deposits in a bank account designated for this purpose. This practice ensures that the deposit is protected and can be returned to the tenant at the end of the tenancy.
  • Property Inspection: Both landlords and tenants are encouraged to conduct a joint inspection of the property at the beginning and end of the tenancy. Any damages or discrepancies should be documented during these inspections to avoid disputes during the deposit return process.
  • Deposit Return: Landlords are obligated to return the security deposit to the tenant within 15 days after the end of the tenancy. Deductions from the deposit should be supported by evidence of damages or unpaid rent.

Open communication between tenants and landlords and thorough documentation of the property’s condition are crucial for a smooth deposit return process in Jordan.

Seasonal Variations in Rental Prices

In Jordan, seasonal variations in rental prices are generally less pronounced than in some other countries. However, several factors can influence rental prices and availability throughout the year:

  • Tourist Seasons: Jordan experiences peak tourist seasons, primarily in the spring and autumn when the weather is mild. During these periods, popular tourist destinations like Petra and Wadi Rum may see an increase in demand for short-term vacation rentals, potentially affecting prices in those areas.
  • Academic Calendar: In cities with universities, such as Amman and Irbid, the academic calendar can influence rental demand. The beginning of the academic year may lead to higher demand for student housing, especially in neighborhoods close to universities.
  • Special Events: Occasionally, special events, conferences, or festivals in Jordan can temporarily impact rental prices. These events may attract visitors and increase demand for accommodation.

Overall, while seasonal variations exist, the rental market in Jordan remains relatively stable compared to some other countries. Expatriates seeking rental properties should be aware of these factors but can generally find rental options throughout the year.

As the rental market can change over time, it’s advisable for expatriates to consult with local real estate experts or property management companies for the most up-to-date information on rental prices and regulations in specific areas of Jordan.

Rental regulations and market conditions may evolve, so it is essential to verify the latest information from reliable sources before making any rental decisions in Jordan.

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