A luxury tower in Elahieh is priced at one billion tomans per square meter.
The penthouse is priced as the most expensive tower in the Elahieh area, at one billion tomans per square meter. The real estate agent who published this advertisement emphasizes that buyers must present a printout of their account for a visit.
These days, pre-sale property advertisements reveal unrealistic figures that have no place in the announced housing market statistics in Tehran.
Among these advertisements, a sales advertisement for units in a tower located in Elahieh neighborhood and Farshad Street grabs attention on social networks. The most expensive tower in Elahieh, each square meter of the 950-square-meter penthouse is priced at one billion tomans.
In other words, the final price of this 950-square-meter penthouse is one billion tomans, while the average price per square meter of housing in Zone 1 of Tehran, according to Central Bank data, is 134 million tomans.
In other descriptions, it is mentioned that the project land covers an area of 6,000 square meters and is designed with 27 floors, including 6 floors below ground level, 1 ground floor, and 20 floors above ground level. It consists of 70 residential units with areas of 430, 510, and 950 square meters.