Our company, as one of the leading corporate real estate agencies in Iran, works with world’s pioneers in corporate real estate business, serving their clients in Iran, which are mostly International companies and firms.

Below you can find a table on Prices for two top grades properties for commercial use, based on leased or purchase contracts. let me remind you few issues about Iran’s real estate market. The real estate market in Tehran is challenging because of the following characteristics:

• landlord led market
• key importance of face-to-face negotiation
• high prices, which are increasing following new fiscal measures
• small number of quality options and high demand
• opaque market with no well defined standards
• unclear property law and legislation;

we understand all these challenges and will manage them on behalf of our clients.

Contract type	Purchase		Lease
	Central Business District	Outside the Central Business District	Central Business District	Outside the Central Business District
Grade A	6,000 USD/sqm	4,200 USD/sqm	60 USD/sqm/month	35 USD/sqm/month
Grade B	5,000 USD/sqm	3,300 USD/sqm	40 USD/sqm/month	30 USD/sqm/month

About outside of Tehran, we have to know the usage (office area, warehouse, land etc) since there are a very vast range of options and alternatives. Even in Tehran, you can classify the whole city in more than 2 grades (maybe 7 -9 levels)

Regarding special areas, we have ICT incubators and Technology Parks, Free Zones (like Kish island) and industrial cities and areas. For this issue also I prefer to respond case by case, since it’s not reasonable to classify all of them in one table.

Construction: Roughly it takes 500-700 USD per sqm to construct a commercial building in Tehran (excluding permissions and municipality costs etc) the difference is subjected to the quality of construction and how luxurious you may build your property.