Real Estate Price per Sqm in Casablanca & Marrakech: 2026 Neighborhood Guide

2026-07-20 Updated on 26 July 2026MarketInvestment
Real Estate Price per Sqm in Casablanca & Marrakech: 2026 Neighborhood Guide

Evaluating property prices per square meter is the essential first step for home buyers and real estate investors in Morocco. Casablanca, the economic hub, and Marrakech, the world-renowned tourist destination, represent the two most dynamic markets in the country.

Here is the updated 2026 benchmark for average prices per square meter broken down by neighborhood.

1. Casablanca Real Estate Price per Sqm

Casablanca property prices vary significantly based on central location, transport links, and commercial infrastructure:

  • Ultra-Prime Neighborhoods (22,000 to 35,000 MAD/sqm): Anfa, Racine, Gauthier, and Ain Diab. High-end luxury developments and proximity to the Corniche.
  • Central Commercial Districts (14,000 to 20,000 MAD/sqm): Maârif, Bourgogne, Palmier, and Val Fleuri. Ideal for primary residences and long-term rentals.
  • Expanding Suburbs (9,000 to 13,000 MAD/sqm): Bouskoura, Dar Bouazza, Sidi Maârif, and Errahma. Popular among families seeking gated communities with green spaces.

2. Marrakech Real Estate Price per Sqm

The Marrakech market is heavily driven by short-term holiday rental demand and interest from MREs and international expats:

  • Hivernage & Guéliz (18,000 to 30,000 MAD/sqm): The modern city center with high demand for compact apartments suitable for short-term holiday lets (Airbnb style).
  • Palmeraie & Ourika Road (15,000 to 25,000 MAD/sqm): Known for luxury villas, authentic riads, and gated resorts with pools.
  • Targa, Agdal & Mhamid (8,500 to 13,500 MAD/sqm): Residential family districts offering great value per square meter.

Check if your home purchase qualifies for Morocco's direct housing grant via our Daam Sakane 2026 guide.

3. Rental Yields: Casablanca vs Marrakech

If purchasing for investment purposes:

  • Casablanca delivers consistent year-round rental occupancy from professionals, averaging gross yields of 5.5% to 7%.
  • Marrakech yields higher returns on short-term rentals (up to 8% to 11% in Guéliz), though subject to seasonal tourism cycles.

Calculate your acquisition costs by consulting our guide on notary fees and registration costs in Morocco.

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Official sources

The information in this article is based on the official references below. Regulations change: always check the current source before acting.

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Published byÉquipe SakanlyUpdated on 26 July 2026

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