The real estate market in Tehran, Iran has seen significant fluctuations in the past five years.

In 2017, the average price per square meter in Tehran was around 100 million rials (approximately $2,500 USD). However, in 2018, prices skyrocketed to over 300 million rials (approximately $7,500 USD) per square meter due to inflation and economic uncertainty.

In 2019, prices began to stabilize but still remained high, with the average price per square meter hovering around 250 million rials (approximately $6,250 USD).

In 2020, the COVID-19 pandemic and international sanctions caused a slight decrease in prices, with the average price per square meter dropping to around 200 million rials (approximately $5,000 USD).

In 2021, prices bounced back, reaching levels similar to those seen in 2019, with the average price per square meter in Tehran around 250 million rials (approximately $6,250 USD).

Overall, the real estate market in Tehran has been relatively volatile in the past five years, with prices experiencing significant fluctuations due to various economic and political factors.