Mogadishu, the capital of Somalia, is witnessing a wave of modern housing developments sweeping across the city. Our report focuses on the rise of contemporary homes and how they are transforming the local real estate landscape.
Somali entrepreneurs returning to invest in their homeland have spearheaded the construction of these cutting-edge residential projects in Mogadishu. Both locals seeking rental homes and diaspora members looking to settle in the city can now easily find suitable accommodation.
Smart Property Management, a company established by Jalaludin Xasan Xiri, is at the forefront of this real estate revolution. They specialize in renting out modern properties, including apartments, houses, and commercial spaces, catering to the evolving needs of Mogadishu’s residents.
“Smart Property Management is a company that manages residential properties like apartments,” Xiri explained in an interview with the national media. “Our portfolio includes various types of homes suitable for single individuals, families, or shared living arrangements. However, we do not offer any short-term or hotel-like accommodations; our focus is solely on residential properties.”
This innovative approach has been driven by the influx of Somali diaspora members returning to their homeland. Upon arriving in Mogadishu, individuals can conveniently find rental homes that meet their preferences for location and amenities through online platforms like Smart Property Management.
“In the past, finding a suitable rental property was a challenging process,” Xiri added. “People had to rely on brokers or personal connections to locate available homes. Our service streamlines this process, providing an easy way for people to find secure and comfortable living spaces with round-the-clock support and prompt response to their inquiries and needs.”
The rise of modern housing developments in Mogadishu represents a significant milestone in the city’s urban development and a testament to the resilience of the Somali people. As more diaspora members return and the demand for contemporary living spaces increases, companies like Smart Property Management are poised to play a pivotal role in shaping Mogadishu’s real estate future.
