Real Estate

Saudi Arabia witnessed a 38 percent rise in real estate transactions during the first half of the year, reaching 106,700 deals with a total value of around SR127.3 billion ($33.9 billion), according to Knight Frank. A report by the…
Read More...

The Saudi real estate finance market will be supported by a deal between a Public Investment Fund subsidiary and US investment giant BlackRock. The Saudi Real Estate Refinance Company signed the memorandum of understanding with BlackRock…
Read More...

Multiple US-Saudi real estate agreements are set to be signed during a five-day visit by a leading official from the Kingdom to the North American country. Minister of Municipalities and Housing Majid bin Abdullah Al-Hogail began his…
Read More...

The Abu Dhabi real estate market attracted 3.28 billion UAE dirhams ($893 million) in foreign direct investments during the first half of 2024, marking a 225 percent increase year on year. According to the Abu Dhabi Real Estate Center,…
Read More...

Oman’s real estate sector saw a total trading value of 1.40 billion Omani rials ($3.63 billion) in the first half of the year, marking a 0.5 percent increase from the same period in 2023. The data, released by the National Center for…
Read More...

Gulf Cooperation Council-based investors are expected to commit over $4 billion annually in the UK commercial property market due to favorable economic conditions, according to a new report. An analysis by the UK-based Shariah-compliant…
Read More...

Saudi Arabia’s real estate price index edged up by 1.7 percent in the second quarter of 2024, compared to the same period last year, driven by a surge in residential sector costs, official data showed. According to the General Authority…
Read More...

The Kingdom’s capital has experienced a significant surge in apartment rental prices in recent years, making it increasingly difficult for many residents to afford suitable accommodation. This sharp rise in rental costs has led to a…
Read More...

Saudi real estate sector is set to embrace advanced technologies after the National Housing Co. partnered with Korean tech firm Naver Corp. to enhance smart city solutions. The collaboration, formalized in the presence of Housing…
Read More...

Saudi holy city Makkah is set to see a boost in its commercial infrastructure with Alandalus Property Co. commencing construction on an SR831 million ($222 million) project. In a statement to Tadawul, the Saudi-based real estate firm…
Read More...