Best investment opportunities in Jordan real estate for US citizens

Looking to invest in real estate beyond US borders? Jordan might not be the first country that comes to mind, but it should be. Jordan’s real estate market is catching attention. Property prices are 40–60% lower than in similar countries. This is the main reason for the high demand. Thanks to expats and tourism. You may invest in Jordan for stable and higher rental income or long-term value.

1. Luxury Apartments in Amman

Key benefit: Target diplomats, expats, and business travelers.

Investment type: High-end residential units in prime districts.

Consideration: Requires premium furnishing and modern amenities.

In Amman, luxury apartments in areas like Abdoun and Sweifieh are hot picks. Well-paid professionals want furnished spaces. So, these properties come with Wi-Fi, security, and parking. These units rent fast and stay rented. Many stay long-term and pay higher rents. You can also list on short-term rental platforms if you prefer flexibility. The competition is strong, so interior design and upkeep matter. If done well, the ROI ranges from 6% to 8% annually. It’s perfect if you want a hands-off, premium investment. These apartments also have better resale value due to demand. Reliable property managers are available to handle everything for you.

2. Commercial Properties in Business Hubs

Why investors choose this: Serve Jordan’s growing startup and SME ecosystem.

Investment type: Office units, shops, co-working spaces.

Consideration: Must follow commercial zoning and lease terms.

Investing in commercial property in Amman is a solid choice. Districts like Abdali and Shmeisani are full of companies and government offices. Businesses are always looking for modern, functional workspaces. You can rent to one company or divide the space into smaller offices. Retail units on busy streets like Mecca Street also do well. These properties usually come with long-term tenants. That means lower vacancy and steady income. Commercial leases often include rent increases, which boost returns. There’s more paperwork involved, but returns are worth it. Ideal for investors seeking stability over flash.

3. Serviced Apartments for Expatriates

Unique angle: Appeal to foreign workers needing turnkey housing.

Investment type: Furnished apartments with services included.

Consideration: Needs reliable cleaning and management support.

Serviced apartments are popular among expats. They look for fully furnished spaces with basic appliances, comfort, and regular upkeep. These tenants often stay longer and pay higher rent. Therefore, investing in such properties near embassies or schools is a smart choice. You can charge premium rent because of the added services. If you’re based in the US, partner with a local property manager. They’ll handle bookings, repairs, and upkeep. With the right location and services, these apartments rarely sit empty. It’s a smart option for hands-free income.

4. Vacation Homes Near the Dead Sea

What sets it apart: It serves tourists looking for wellness and relaxation.

Investment type: Short-term vacation rentals or resort villas.

Consideration: Must follow tourism rental regulations.

The Dead Sea is one of Jordan’s top tourist destinations. More visitors mean more demand for vacation rentals. You can invest in a resort-style villa or apartment with beach access. These properties attract weekend travelers, health tourists, and international visitors. If you use platforms like Airbnb, returns are strong in peak season. Look for properties that offer pools, spa access, or mountain views. That helps you charge more per night. Some resorts even offer rental management services. It’s a great investment if you want part-time personal use too. As tourism grows, property values are likely to increase.

5. Affordable Apartments in Growing Suburbs

Key benefit: Meet rising demand from middle-income families.

Investment type: Budget-friendly apartments in expanding neighborhoods.

Consideration: Long-term growth, slower appreciation than luxury zones.

Suburban areas around Amman are growing quickly. What do you get? Peaceful environment, less expensive, and still close to the city. Many locals are moving there, which makes them great spots for real estate investment. You don’t need a huge budget to get started. Rental income might be modest, but demand is strong. Families and young professionals often sign longer leases. That means fewer tenant changes and less downtime. As these suburbs grow, your property value will rise too. It’s a safe bet for US investors looking for long-term gains. Just make sure you pick a spot near schools or main roads.

6. Historic Properties in Petra and Jerash

Why investors choose this: Offers unique stays in cultural tourism zones.

Investment type: Boutique guesthouses or heritage lodges.

Consideration: Requires permits and local coordination.

Petra and Jerash get thousands of tourists every year. Many are looking for a stay that feels real and connected to the history around them. That’s why boutique guesthouses work well here. These aren’t regular rentals. You’ll need to fix up old homes or buy unique properties.

It takes some work, but the payoff is worth it. Travelers pay more for places with charm. You can list them on sites like Airbnb and get steady bookings. Just make sure you have local support and follow the rules. If you love culture and tourism, this is a great long-term real estate investment.

7. Student Housing Near Major Universities

Unique angle: Consistent rental demand from Jordanian and foreign students.

Investment type: Studio flats, shared apartments, or student dorms.

Consideration: Needs reliable upkeep and noise control.

Student housing is always in demand. Big schools like the University of Jordan and GJU bring in thousands of students each year. Many students don’t live with their families, so they look for nearby rentals. Studios and shared flats work best. You don’t need to offer luxury; just clean, safe, and close to campus. Rentals are affordable, but you get a steady monthly income. Some investors even buy small buildings and turn them into student-only housing. Parents often co-sign leases, which adds security. Hire someone local, like Sireen Properties, to manage things. They can help best, especially during move-in and move-out seasons. It’s a safe, dependable investment.

8. Land Development in the Southern Region

Advantage for investors: Capitalize on Jordan’s national infrastructure expansion.

Investment type: Raw land for future development or resale.

Consideration: Requires patience and market timing.

Jordan’s south is changing fast. Areas like Aqaba and Ma’an are seeing major government investment. Roads, ports, and industrial zones are expanding. That makes land here a smart buy. Prices are still low, so it’s a chance to get in early. You can hold it and sell it later when values rise. Or partner with a developer to build housing or commercial units. It’s not a quick return, but the gains can be big. Research is key. Look for land near planned highways or special economic zones. And always check legal documents before you buy. Great for long-term investors.

9. Mixed-Use Developments in Urban Centres

Unique angle: Combine income streams from retail and residential units.

Investment type: Buildings with shops on the ground and apartments above.

Consideration: More complex management but higher yield.

Mixed-use buildings offer double the potential. The bottom floors can host shops, cafés, or offices. The top floors are rented as apartments. This combo works well in city centres like Abdali. You get rental income from two types of tenants. It also spreads out your risk. If the residential market slows, retail might still perform. Newer projects offer good quality, steady income, and solid resale. This is great for multipurpose property investors.

10. REITs or Joint Ventures with Local Developers

Investment type: Real Estate Investment Trusts or equity partnerships.

Consideration: Less control but reduced risk and easier entry.

If you don’t want the hassle of managing a property abroad, this is a great option. You can invest in a Jordan-based REIT or partner with a local developer. They handle the buying, building, and renting. You just invest and collect returns. It’s lower effort and often lower risk. Returns vary, but you get access to large projects you couldn’t afford alone. Some REITs even focus on specific areas like tourism or retail. Make sure you vet the team and understand the terms. This works well if you’re a passive investor or just testing the Jordan market.

Key Takeaways

• Jordan’s property prices are lower than many other countries.
• Places like Amman, the Dead Sea, and Aqaba have strong rental demand.
• US citizens can buy different types of real estate directly.
• You can invest in luxury flats, student housing, or vacation homes.
• Mixed-use and commercial buildings offer steady, long-term returns.
• Tourist spots and heritage sites are great for short-term rentals.
• Zones like ASEZ offer tax breaks and investor support.
• For hands-off investing, REITs and local partnerships are smart options.

FAQs

Can US citizens buy property in Jordan? 

Yes, US citizens can buy property in Jordan with government approval, especially for residential use.

What are the best cities in Jordan for real estate investment?

Amman, Aqaba, and the Dead Sea areas are top choices. They have high demand, growth, and tourism.

Is real estate in Jordan a good investment?

Yes, property prices are low and rental demand is rising. Tourism growth adds to the long-term value.

Do I need a local partner to invest in Jordan real estate?

No, not for residential properties. Commercial investments may need a local partner based on the project.

What type of real estate offers the best returns in Jordan?

Luxury rentals in Amman and vacation homes near the Dead Sea typically offer high ROI.