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Property prices in Casablanca are experiencing robust growth in 2025, with annual increases ranging from 3% to 7% across most neighborhoods.
As we reach mid-2025, Casablanca's residential property market demonstrates remarkable resilience and continued appreciation. Infrastructure developments including tramway expansions and preparations for the 2030 FIFA World Cup are driving demand, particularly in central districts like Anfa, Maarif, and Ain Diab where prices have surged significantly over recent years.
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Casablanca property prices are rising at 3-7% annually in 2025, driven by infrastructure development, foreign investment growth of 55%, and urbanization reaching 65% of the population.
Premium neighborhoods like Anfa and Ain Diab lead price appreciation, with new apartments experiencing the steepest increases of over 30% in some districts due to supply constraints and strong demand.
| Property Type/District | Avg. Price (MAD/m²) | 1-Year Change | 5-Year Change | Notable Trends |
|---|---|---|---|---|
| Apartment (Maarif) | 15,000 | +2–5% | +10–15% | High demand, central location |
| Apartment (Anfa, new) | 22,000–24,000+ | +5–8% | +25–30% | Luxury, rapid appreciation |
| Apartment (Ain Diab) | 20,000–27,000 | +5–8% | +20–30% | Coastal, luxury segment |
| Villa (Californie) | 25,000 | +2–4% | +15–20% | High-end, foreign buyers |
| Villa (Dar Bouazza) | 18,000 | +2–4% | +10–15% | Suburban, new developments |
| Citywide Median (all types) | 6,000–15,000 | +1.8–7% | +10–20% | Wide range by district |
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
How much have property prices increased in Casablanca lately?
Casablanca property prices increased by 1.8% overall in 2024, with apartments rising 1.7%, houses gaining 5.3%, and villas appreciating 2.2%.
As of June 2025, annual price growth for mainstream residential properties ranges between 3% and 7% citywide. New apartments have experienced the most dramatic increases, with prices surging over 30% in some districts due to demolitions, expropriations, and intense demand for new construction.
The price acceleration reflects multiple factors including land scarcity, infrastructure improvements, and robust demand from both local buyers and foreign investors. Central neighborhoods like Maarif, Anfa, and Gauthier continue to see steady appreciation driven by their strategic locations and established amenities.
Transaction volumes provide additional evidence of market strength, with a remarkable 47.6% surge in late 2024 indicating sustained buyer interest despite broader economic uncertainties. This volume growth suggests the price increases are supported by genuine demand rather than speculative activity.
Which neighborhoods in Casablanca are seeing the fastest price growth?
Central and high-end districts including Anfa, Sidi Belyout, Gauthier, and Ain Diab are experiencing the steepest price increases across Casablanca.
Anfa stands out as the top performer, with prices jumping from 19,000 MAD/m² in 2016 to over 24,000 MAD/m² in 2024. This represents more than 25% appreciation over eight years, making it one of the most lucrative investment locations in the city.
Ain Diab commands the highest prices in Casablanca, ranging from 20,000 to 27,000 MAD/m², reflecting its prestigious coastal location and luxury amenities. The neighborhood attracts affluent buyers seeking premium properties with beach access and modern infrastructure.
Neighborhoods connected to new tramway lines are experiencing above-average appreciation due to improved connectivity. Areas like Maarif and Derb Ghallef benefit from enhanced public transport access, making them more attractive to commuters and families.
Conversely, older neighborhoods including Hay Mohammadi and Sidi Othman have seen slight declines or stagnation, with Hay Mohammadi dropping from 9,000 to 8,661 MAD/m² between 2016 and 2024, highlighting the market's polarization between premium and traditional areas.
What are the current average property prices per square meter in different Casablanca districts?
Property prices in Casablanca vary dramatically by district, ranging from 6,000 MAD/m² in affordable areas to over 27,000 MAD/m² in premium coastal locations.
| District | Property Type | Price Range (MAD/m²) | Market Characteristics |
|---|---|---|---|
| Maarif | Apartments | 15,000 | Central location, high demand, established infrastructure |
| Gauthier | Apartments | 16,000 | Premium residential area, cultural amenities |
| Anfa | New Apartments | 22,000–24,000 | Luxury developments, highest appreciation rates |
| Ain Diab | Apartments | 20,000–27,000 | Coastal premium, highest prices in city |
| Californie | Villas | 25,000 | Ultra-luxury villas, international buyers |
| Dar Bouazza | Villas | 18,000 | Suburban luxury, family-oriented developments |
What property types are experiencing the biggest price surges in 2025?
New apartments are leading price surges with increases exceeding 30% in some areas, driven by high demand, demolitions, and supply shortages.
Villas represent the second-fastest appreciating segment, particularly in luxury districts like Californie and Ain Diab, with average villa prices now reaching approximately 4 million MAD citywide. Foreign buyers are especially active in this segment, attracted by Morocco's stability and proximity to Europe.
Houses outpaced both apartments and villas in percentage terms during 2024, gaining 5.3% compared to 1.7% for apartments and 2.2% for villas. This reflects growing demand from families seeking more space and value compared to apartment living.
Eco-friendly properties are emerging as a premium segment, with about 20% of Casablanca's residential properties now considered environmentally sustainable. These properties command higher prices due to growing demand for energy-efficient and health-conscious living spaces.
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How do current prices compare to five years ago?
Casablanca property prices have increased 10-30% across prime districts over the past five years, with the citywide average rising from 10,566 MAD/m² in 2016 to 11,661 MAD/m² in 2024.
Anfa demonstrates the strongest five-year performance, appreciating from 19,000 MAD/m² in 2016 to over 24,000 MAD/m² in 2024. This 26% increase reflects the district's successful transformation through luxury developments and urban renewal projects.
Sidi Belyout showed solid gains from 16,000 MAD/m² in 2016 to 18,300+ MAD/m² in 2024, representing approximately 14% appreciation over the eight-year period. The neighborhood benefits from its central location and improved infrastructure connectivity.
New and luxury properties experienced the sharpest increases during this period, with some developments seeing appreciation rates exceeding 30%. This premium segment attracts both wealthy local buyers and international investors seeking high-quality assets in Morocco's economic capital.
What are the property price forecasts for Casablanca through 2030?
Short-term projections indicate annual price growth of 3-7% for mainstream residential properties through 2030, supported by infrastructure investments and World Cup preparations.
Infrastructure projects including tramway expansions, high-speed rail connections, and 2030 FIFA World Cup preparations will continue driving demand in key districts. The government's MAD 42 billion investment package for World Cup infrastructure alone represents a massive economic stimulus for the region.
Medium-term projections over the next 10 years show continued urbanization pressure as Morocco's urbanization rate climbs from the current 65% toward 70%. Migration to Casablanca from rural areas will sustain housing demand, particularly benefiting luxury and high-end segments.
Long-term forecasts through 2040 anticipate sustained upward price trends driven by ongoing infrastructure development, population growth, and international investment. However, the pace may moderate as new supply expands to meet growing demand.
Properties near planned high-speed rail stations command premiums of 10-15% over comparable properties, indicating the lasting impact of transportation infrastructure on real estate values.
How is the 2025 real estate tax reform affecting property prices?
Morocco's 2025 real estate tax reform introduces a flat 20% withholding tax on property income while raising the threshold from 30,000 to 40,000 MAD, creating mixed market effects.
The reform encourages market formalization and transparency, potentially attracting more institutional and foreign investors who prefer regulated environments. Simplified reporting requirements reduce administrative burdens for property owners while ensuring greater tax compliance.
Tax incentives and reduced registration fees for villa purchases and strategic sectors including mid-range housing and eco-friendly projects stimulate targeted market segments. These measures particularly benefit the villa market and sustainable development projects.
Landlords may pass increased tax costs to tenants through higher rental prices, supporting property values while potentially impacting rental affordability. This dynamic strengthens the investment case for buy-to-let properties in high-demand areas.
What impact are infrastructure projects having on Casablanca property values?
Major infrastructure projects including tramway expansions, high-speed rail development, and World Cup preparations are key drivers of property price increases across served neighborhoods.
We made this infographic to show you how property prices in Morocco compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It's an easy way to spot where you might get the best value for your money. We hope you like it.
How does foreign investment influence Casablanca's property market in 2025?
Foreign investment in Moroccan real estate surged 55% in 2025, with European and Gulf investors particularly active in Casablanca's luxury segments and new developments.
International buyers are drawn to Morocco's political stability, strategic location between Europe and Africa, and ongoing infrastructure improvements. The country's visa-free access for many nationalities and relatively straightforward property ownership laws for foreigners enhance its investment appeal.
European investors focus on luxury coastal properties in areas like Ain Diab and premium developments in Anfa, seeking both vacation homes and investment properties. Gulf investors show strong interest in commercial real estate and mixed-use developments in business districts.
The government's targeted incentives for foreign investment, including streamlined approval processes and tax benefits for certain property types, continue to attract international capital to the Casablanca market.
Currency stability and Morocco's improving economic fundamentals provide additional confidence for foreign buyers, supporting sustained international demand for premium properties.
What is the current demand and supply balance in Casablanca's property market?
Demand continues to outpace supply significantly, especially in central and high-end districts, creating upward pressure on prices across most market segments.
New residential developments increased by 10% in 2024, but this expansion has not fully met the surge in demand, particularly for new apartments and villas. The supply deficit is most pronounced in premium areas where land availability is severely constrained.
Rental yields are rising in city center districts due to high occupancy rates and urban migration. Average rental yields range between 5% and 7% citywide, with areas like Racine offering yields around 5.74% and Gauthier achieving higher returns at 6.86%.
Demolitions and expropriations for public infrastructure projects further constrain supply by removing existing housing stock. Displaced residents must seek alternatives, intensifying competition for available properties.
The shortage of buildable land, particularly in eastern and western areas where Zenata eco-city and Dar Bouazza face strict development regulations, limits new supply and supports continued price appreciation.
How do Casablanca prices compare to other major Moroccan cities in 2025?
Casablanca maintains its position as Morocco's most expensive property market, with higher price levels and growth rates compared to Rabat and Marrakesh.
| City | Avg. Apartment Price (MAD/m²) | Avg. Villa Price (MAD/m²) | 2024-25 Trend | Market Notes |
|---|---|---|---|---|
| Casablanca | 15,000–22,000+ | 18,000–25,000 | +3–7% | Highest in Morocco, luxury focus |
| Rabat | ~19,167 (center), ~9,643 (outside) | 21,000 (Souissi) | +2–4% | More stable, government influence |
| Marrakesh | 13,000–18,000 | 16,000–22,000 | +3–8% | Tourism-driven, vacation properties |
Casablanca's economic dominance as Morocco's financial and commercial hub justifies its premium pricing. The city hosts major corporations, international businesses, and financial institutions, creating sustained demand from high-income professionals and expatriates.
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Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Yes, property prices in Casablanca are going up significantly in 2025.
The market demonstrates robust growth with annual increases of 3-7% for mainstream properties and over 30% for new apartments in prime districts, driven by infrastructure development, foreign investment surges, and sustained demand outpacing supply.
Sources
- Sands Of Wealth - 13 statistics for the Casablanca real estate market in 2025
- Sands Of Wealth - 16 strong trends for 2025 in the Casablanca property market
- Sands Of Wealth - 10 strong trends for 2025 in the Morocco property market
- Sands Of Wealth - 5 hottest real estate areas in Casablanca in 2025
- Sands Of Wealth - 19 strong forecasts for real estate in Casablanca in 2025
- Statista - Morocco: real estate negotiation prices Casablanca
- Housing Place - Why are real estate prices in Casablanca so high?
- Telquel - Real estate: should you invest in Casablanca before 2030, and where?
- Reuters - Morocco plans $1.5 billion expansion of Casablanca airport ahead of 2030 World Cup
- Global Property Guide - Morocco Residential Real Estate Market Analysis 2024