Prices for old and new apartments prices in Morocco 2023

Published by Statista Research Department, Sep 16, 2024

As of the third quarter of 2023, old apartments in Morocco had an average price of 9,300 Moroccan dirhams per square meter, some 952 U.S. dollars. New apartments, on the other hand, had a selling price of around 11,900 Moroccan dirhams per square meter, approximately 1,218 U.S. dollars. 

Prices for old and new apartments prices in Morocco as of the 3rd quarter of 2023 (in Moroccan dirhams per square meter)

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Release date

October 2023

Region

Africa, Morocco

Survey time period

Q3 2023

Supplementary notes

Conversion rate as of 16 September was 1 MAD = 0.10 USD.

The price is an average of properties within Morocco's bigger cities: Casablanca, Rabat, Marrakech, Agadir and Tangier.

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