Downtown Beirut’s luxury market remains distinct from the rest of the capital. The finest products are mainly found in Minet al-Hosn and Wadi Bou Jmil neighborhoods. Prices soar around Zaitunay Bay and Saint-Georges Marina.

The area continues to attract the ultra-rich despite the 2024 war and uncertainty about the country's security situation after the cease-fire. Luxury properties fetch several million dollars. “The average price in downtown ranges between $5,000 and $6,000 per square meter,” said Patrick Geammal, owner of Ascot Real Estate.

According to Zaher Boustani, Managing Director of At Home in Beirut, compared to other world capitals, high-end living in downtown Beirut is still very affordable and inexpensive.

“Signed by internationally renowned architects such as Norman Foster + Partners, some buildings offer quality amenities, elegant gyms and large swimming pools,” said Boustani. “Buyers are fully aware of that and are ready to pay asking prices that are still lower than in 2019.”

Living in Beirut Terraces tower continues to be a dream for many local and expatriate millionaires. Designed by Herzog & De Meuron, the building boasts top-of-the-range amenities and an impressive lobby. In early 2025, a four-bedroom apartment sold for $7,000 per square meter. Prices vary according to view, floor and owner. Some are greedier than others. For example, a ninth floor apartment may be cheaper than one of the fifth floor. Asking prices start at $6,000 per square meter and rise to over $8,000 per square meter.

Resales in Damac Tower are plentiful. Several apartment sizes are available. The price of a 57-square-meter studio has risen from $330,000 to $360,000 in the space of a year. For a 185-square-meter apartment, you’re looking at $1.2 million. Along the Avenue des Français, the price of a 230-square-meter duplex has risen from $1.1 million in 2023 to $1.2 million in 2025. Omar Daouk Street is home to renowned residences such as 3Beirut and Noor Gardens. A 470-square-meter apartment found a buyer for $5,500 per square meter.

Overlooking Zaitunay Bay, a 917-square-meter apartment is listed at $7 million and a 587-square-meter four-bedroom apartment is offered at $4.35 million. The highest values are found at the Yacht Club, with its refined amenities. The square meter is around $9,000.

Below Serail Hill, Wadi Bou Jmil is a secure, ultra-residential address. Villas rub shoulders with residential complexes, where a ground-floor studio sold in the summer of 2024 for around $4,500 per square meter. “The luxury market in downtown Beirut remains dependent on the appetite of foreigners, such as Arab nationals,” Geammal said. “The reality is that they’re not there now. Buyer interest remains timid. For example, we have a beautiful apartment in Wadi Bou Jmil at $5,750 per square meter, and customers are few.”