The areas surrounding Qleiaat Airport have witnessed a sharp surge in land prices in recent months, with values increasing by more than 500% in some locations, reflecting growing expectations of significant economic and investment activity tied to the airport’s reopening.
Land that was previously valued at no more than $10 per square meter is now selling for substantially higher prices, driven by rising demand and increasing interest from investors and business leaders.
A fully operational airport is expected to create new employment opportunities, stimulate the commercial and real estate sectors, and boost property values across the surrounding area, making it an attractive destination for both local and international investors.
These developments highlight the high expectations surrounding the project. However, whether current price increases prove sustainable will ultimately depend on the successful implementation of the airport’s reopening plans and their translation into long-term economic and investment growth.
