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Yaafour 963 — residential project in Yaafour, DamascusWatch the video

Yaafour 963

Planned
Prices from
$300,000
Price per m²
from 1,800 $/m²
Payment plan
15% down
Handover
Q2 2029
Total units
1,280
Project area
144,000 m²

About the project

Yaafour 963 is a residential development by Invest Group Overseas (IGO), the international real-estate arm of the UAE-based MAG Group, on a 144,000 m² site in Yaafour, Qatana district, Rif Dimashq, west of Damascus near the Damascus–Beirut highway. The master plan comprises 13 buildings — 12 residential blocks and a clubhouse — holding 1,280 units: two-, three- and four-bedroom apartments of roughly 169–269 m², three-bedroom duplexes of 368–375 m² and penthouses of 1,185–1,190 m². Third-party guides describe basement plus ground plus ten residential floors; the developer states 3.0 m ceilings in living areas, individual VRF cooling, central heating, smart-home systems and a garbage chute in every building, with about 75% of the plot kept as open and green space. Architecture is credited to Tabanlioglu and interiors to Quadro Room. The project was launched at a ceremony in Damascus on 17 June 2026 attended by the Minister of Tourism and the governors of Damascus and Rif Dimashq, and is IGO's first project under its current Syria strategy. Sales are off-plan on a 70/30 plan: 15% at signing, six fixed-date instalments to December 2028 and 30% at handover, targeted for the second quarter of 2029. A non-refundable administration fee of USD 1,250 applies, resale is locked until 50% of the price is paid, and the developer states that no escrow account is currently in place. The developer publishes no prices; brokers quote two-bedroom units from about USD 300,000. As of September 2026 no source reports a construction start.

Yaafour 963 unit prices

ModelBedroomsBathroomsAreaPrice fromAvailability
2-bedroom apartment889 units2—169–215 m²$300,000Phase open
3-bedroom apartment345 units3—203–245 m²$360,000Phase open
4-bedroom apartment32 units4—256–269 m²$400,000 – $530,000Phase open
Duplex penthouse (3-bedroom)12 units3—368–375 m²Price on requestPhase open
Simplex penthouse2 units4—1,185–1,190 m²Price on requestLimited

Yaafour 963 payment plan

  • 70/30 fixed-date payment plan

    15% down payment

    3-year installments

    Instalments

    1. 15%On signing the SPA
    2. 8%Instalment 2 — 1 Nov 2026 (5 months after launch)after 5 months
    3. 8%Instalment 3 — 1 Apr 2027 (10 months after launch)after 10 months
    4. 10%Instalment 4 — 1 Sep 2027 (15 months after launch)after 15 months
    5. 10%Instalment 5 — 1 Feb 2028 (20 months after launch)after 20 months
    6. 10%Instalment 6 — 1 Jul 2028 (25 months after launch)after 25 months
    7. 10%Instalment 7 — 1 Dec 2028 (30 months after launch)after 30 months
    8. 30%On handover (target Q2 2029)

    70% during construction, 30% on handover. Dates follow the published schedule. A non-refundable USD 1,250 admin fee applies. Accepted currency is disputed: the project microsite says Syrian pounds and US dollars at the transfer-day rate, a broker copy of the developer FAQ says USD only.

Amenities & facilities

  • Swimming pool
  • Spa
  • Gym
  • Co-working lounge
  • Cinema
  • Sports courts
  • Tennis courts
  • Jogging track
  • Cycling track
  • CrossFit area
  • Yoga & Pilates room
  • Aerial fitness room
  • Billiards
  • Music room
  • Lounge
  • Playgrounds
  • Green spaces
  • Landscaped courtyards
  • Outdoor seating
  • Gated community
  • Smart home
  • Central heating
  • VRF air conditioning
  • Garbage chute
  • Underground parking

Master plan

Yaafour 963 master plan

Units in this project

No listings are linked to this project yet.

Location & nearby places

Location

Open in maps

© OpenStreetMap contributors

The developer

Invest Group Overseas (IGO)

United Arab Emirates

Invest Group Overseas (IGO) is the international real-estate arm of MAG Group Holding, a UAE group founded in 1978 by Moafaq Ahmad Al Gaddah. IGO was set up in 2004 and is headquartered in The Paragon Tower, Business Bay, Dubai; its chairman is Moafaq Al Gaddah and its managing partner and CEO is Dr Mhd Anas Kozbari. In Dubai it lists completed projects including The Paragon (Business Bay), The Polo Residence and The Polo Townhouses (Meydan), with Society House (Downtown), Pelagos (Dubai Marina) and Azura (Dubai Islands) under construction, plus The Estate I/II and a US project, Catch Residences. In Syria IGO completed Nobles 101 in Yaafour (113 flats on a 58,000 m² site; the developer states it was delivered in about 2.5 years), lists Al Thuraya Towers (Dummar) and Murooj Valley (Wadi Barada) as under construction, and Marota City and Cham Line (Yaafour) at concept stage. Yaafour 963, launched June 2026, is its first project under the company's current Syria strategy; further launches in Damascus, Rif Dimashq and Latakia were announced as planned.

Partnership: Architecture: Tabanlioglu Architects (Istanbul). Interiors: Quadro Room. Main contractor not named. MAG-affiliated brokerage Kingdom by MAG (+971 58 555 9090, [email protected]) and Dubai brokers (The 5A Properties, Profound Properties, Al Haj) market the project.

Previous projects

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Yaafour 963 — frequently asked questions

Notes & references

Eligibility: No nationality restriction stated; overseas Syrian buyers are explicitly welcomed with a remote reservation process. Multiple buyers may co-own a unit, with shares specified in the SPA and reflected on the Title Deed.

Conflicting information: No litigation or dispute involving Yaafour 963 was found. Media coverage (Asharq Al-Awsat, 21 Jul 2026; Enab Baladi) frames the project within a broader debate about luxury compounds priced far above local incomes; the developer discloses that no escrow account is in place.

References

Data from the developer and its official announcements; verify before buying.

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