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The real estate market in Algiers is notably expensive, with prices varying significantly based on location, property type, and size. The General Directorate of Taxes (DGI) has published a reference guide for real estate prices across Algeria for the 2025-2026 period, detailing the cost per square meter in each municipality. While these reference prices are lower than actual market prices, they provide a reliable indicator of real estate trends in Algeria.
Price Disparities in Algiers
In Algiers, the price of residential properties can range dramatically. For instance, prices start at 17,000 DZD per square meter for a unit in a precarious collective building in Dekakna, while they can soar to 379,500 DZD (nearly 38 million centimes) per square meter for a high-end individual villa in Hydra, a prestigious neighborhood in the capital. The minimum wage in Algeria is 20,000 DZD.
The Top 5 Most Expensive Neighborhoods
Five neighborhoods stand out for their high real estate prices, all located in the vicinity of Hydra:
- Hydra: This residential area, home to many embassies, has the highest property prices. The most expensive property is a high-end villa priced at 379,500 DZD per square meter, while the cheapest in this area costs 225,000 DZD per square meter for a collective or semi-collective unit.
- Bir Mourad Raïs: Here, the price for high-end individual properties ranges from 320,000 DZD to 368,000 DZD per square meter, with collective units priced between 220,000 DZD and 253,000 DZD.
- El Mouradia: This neighborhood, which houses the presidential office, has prices ranging from 220,000 DZD for precarious collective units to 362,500 DZD for high-end individual properties.
- El Biar: In El Biar, high-end individual properties range from 289,000 DZD to 340,000 DZD, while collective housing is significantly cheaper, starting at 144,500 DZD for economic units.
- Ben Aknoun: Rounding out the top five, high-end individual properties also reach 340,000 DZD per square meter, with collective units starting at 119,000 DZD.
Summary of Prices
| NEIGHBORHOOD | HIGH-END INDIVIDUAL (DZD/M²) | COLLECTIVE (DZD/M²) | ECONOMIC (DZD/M²) |
|---|---|---|---|
| Hydra | 379,500 | 225,000 | 24,000 – 34,500 |
| Bir Mourad Raïs | 320,000 – 368,000 | 220,000 – 253,000 | 220,000 – 33,350 |
| El Mouradia | 362,500 | 220,000 | 265,000 – 32,750 |
| El Biar | 289,000 – 340,000 | 144,500 | 119,000 |
| Ben Aknoun | 340,000 | 119,000 | 187,000 – 270,000 |
The real estate market in Algiers reflects a significant disparity in property prices, influenced by location and property type.
