The "Abyat Hills" residential project is considered a pioneering step towards a modern lifestyle, blending quality of life, breathtaking nature, and integrated services. To ensure transparency and clarify all details for clients and interested parties, we have gathered in this article the most prominent frequently asked questions regarding the subscription and allocation process in the project.
First: Basic Payment and Sales Policies
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What is the expected loading ratio in the residential units? The loading ratio is approximately 15%, and it is determined precisely during the allocation phase.
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What is the approved payment plan for the project? The plan requires a 20% payment upon allocation, followed by a 20% payment every 6 months until the delivery date.
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Can the property be resold before delivery? Yes, resale is possible after completing 60% of the due payments, which entails a 5% tax paid to Abyat Company.
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Can one purchase or subscribe from outside Syria? This is not possible unless the concerned person is present themselves or through a formal legal representative acting on their behalf.
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When can I choose the exact apartment I want in terms of precise area, layout, and floor? The precise details of the residential unit are chosen upon allocation, which is 3 months after the subscription.
Second: Project Details, Facilities, and Delivery Phases
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Where exactly is the Abyat Hills project located? The project is located in the Qudsaya suburb within Island E3, approximately 11 km from the center of Damascus city.
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Who are the entities responsible for developing this project? Abyat Real Estate Investment and Development Company is developing the project in partnership with the General Establishment of Housing, under the supervision of the Ministry of Public Works and Housing.
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What is the total area of the project and the area of green facilities? The project spans a total area of 380 dunums. Gardens, water features, and facilities cover more than 70% of this area to provide a healthy environment.
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How many residential units are available within the project? The project includes approximately 2,000 diverse residential units to suit various family needs.
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What are the available options and types of residential units? Residential options vary from apartments starting from two rooms and a hall up to five rooms and a hall, in addition to duplex apartments (terrace housing), attached villas, and detached villas.
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When does the public subscription offering start? The public subscription for all residential units begins on August 5, 2026.
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What is the initial subscription installment value for residential apartments? The subscription value ranges from $2,000 for a two-room and hall apartment up to $5,000 for a five-room and hall apartment.
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What is the estimated price per square meter in the first phase of the project? The price per square meter for units allocated in the first phase ranges between $950 and $1,150.
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How is the final price per square meter determined upon allocation? The final price is determined based on a combination of factors including location, floor, view, area, and specifications. This price also includes additional services such as a dedicated parking space and various building facilities.
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In how many phases will the project be executed and delivered? The project is executed and delivered in three main phases, with the entire project scheduled to be completed and delivered in 2031.
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When will the delivery of the first phase be completed? The first-phase units will be delivered fully finished in 2028.
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What commercial and recreational services are available inside the complex? The integrated complex contains a commercial mall, a commercial walkway and boulevard, an international 4-star hotel, restaurants and cafes, educational and sports facilities, and two mosques.
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What is the payment mechanism linked to actual completion rates (if the semi-annual payment is not chosen)? The mechanism starts with an allocation payment of 20% (from which the initial subscription amount is deducted), then a 20% payment upon 50% completion of the structure, a 20% payment upon full completion of the structure, a 20% payment upon 50% completion of the finishings, and finally a 20% delivery payment.
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What is the approved bank for depositing subscription amounts? The officially approved bank for paying the subscription value is Qatar National Bank (QNB).
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What are the steps to officially confirm a subscription application? The process begins by submitting the application at the main sales center or approved centers, then receiving a payment notification. This is followed by paying the allocated amount at the bank and sending the receipt to the center to finalize the application in preparation for allocation.
