{
  "id": 9539754,
  "title": "Syria to build two million homes by 2035 to plug housing shortage",
  "url": "https://urgent.news/2026/09/24/syria-to-build-two-million-homes-by-2035-to-plug-housing-shortage-9539754",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-24T10:19:19.000Z",
  "source": {
    "name": "The National UAE",
    "slug": "the-national-uae",
    "url": "https://www.thenationalnews.com/business/property/2026/09/24/syria-to-build-two-million-homes-by-2035-to-plug-housing-shortage/"
  },
  "original_language": "en",
  "account": "Syria aims to construct or renovate two million homes by 2035 to tackle housing shortages and stimulate the economy, according to Imad Al-Masri, the country's assistant minister of public works and housing. The government plans to finance these developments through a combination of public investment, private capital, new partnerships, and foreign investment, as stated to the Syrian Arab News Agency.\n\nSyria will utilize its own land owned by the General Housing Establishment, while private investors will handle the development of projects and infrastructure. Efforts are being made to revive stalled projects and expedite the delivery of completed units in various regions, including Damascus countryside, Homs, Hama, Latakia, Tartous, Aleppo, and Deir Ezzor.\n\nHousing demand in Syria is on the rise due to the country's recent removal from the US list of state sponsors of terrorism and the return of displaced Syrians. The housing shortage is estimated to reach 1.9 million units in 2025 and could increase to 2.5 million units by 2030 if supply does not keep up with demand, according to Al-Masri. The government is implementing a four-pronged strategy to address this issue, which includes completing existing and stalled projects, repairing homes, rebuilding damaged housing, and constructing new units.\n\nCurrently, Syria possesses approximately 4.25 million housing units, of which around 1.32 million have sustained damage due to the ongoing conflict. The influx of regional investors, such as UAE-based Arada and Emaar founder Mohamed Alabbar, is further fueling the property sector's growth. Arada is set to build a $7 billion mixed-use real estate project in Syria over a decade, featuring 11,000 homes, including apartments, villas, townhouses, branded residences, 500 hotel rooms, and 1,000 serviced apartments. The development will also encompass schools, a hospital, offices, and retail units.\n\nLocal demand, driven by both residents and foreign citizens residing abroad, and foreign investment, estimated at $18 billion or more, indicate a robust market for well-constructed homes in Syria. With over 1.7 million Syrians returning to the country between December 2024 and April 2026, and another 1.97 million internally displaced individuals having returned, housing is identified as a significant barrier to their reintegration.",
  "summary": "Syria plans to build or rehabilitate two million homes by 2035 as it looks to address housing shortages in the country and boost its economy. Housing developments would be financed through a mix of government investment, private capital, new partnerships and foreign investment, Imad Al-Masri, Syria’s assistant minister of public works and housing, told the Syrian Arab News Agency. Syria will…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The National Business",
        "title": "Syria to build two million homes by 2035 to plug housing shortage",
        "url": "https://urgent.news/2026/09/24/syria-to-build-two-million-homes-by-2035-to-plug-housing-shortage",
        "published": "2026-09-24T10:19:19.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}