Experts agree that the entire region is witnessing a real estate boom, driven mostly by the surging oil prices that poured excessive cash into the Gulf markets.

Jordan has succeeded in taking advantage of this opportunity to attract as much as possible, of projects to its investor-friendly environment.

Jordan's political stability and security have been key factors in the emergence of a climate ripe for the real estate boom, transforming Jordan into a real hub for investments in this industry. The changes the Kingdom made to its legislations, contributed considerably to the opening up of real estate investment to foreign buyers after the removal of the previous barriers.

The Aqaba Special Economic Zone has alone attracted investments worth $8 billions since it the duty free zone was established in 2001. Most of these investments are concentrated in the real estate-tourism field.

Other parts of the kingdom, especially Amman and the Dead Sea are going through a facelift due to the spread of modern urban development projects at the various levels.