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Riyadh has recorded the highest national increase in Grade A office lease rates over the last 12 months at 31 percent
The second day saw the announcement of an impressive $3.36 billion worth of new projects and strategic agreements in the Kingdom
Total number of real estate transactions across all asset classes surged by 38 percent to just over 106,700 in the first half of 2024
The residential sector began strong in H1 2024, delivering 27,500 units in Riyadh and JeddahÂ
The sales surge is linked to the company’s launch of multiple housing projects across the Kingdom
Over the last 12 months, residential real estate transaction volumes in Riyadh rose by 49 percent
Apartment prices in Saudi Arabia increased by 2.9 percent while villa prices declined by 0.5 percent
The contract has been awarded to a joint venture of two Saudi construction firms, Urbacon and Al Bawani
Digital solutions include 3D maps, simulation models for urban planning and flood management, and monitoring and control centers
Prime office rents in Riyadh rose 14.5 percent, while Grade A and B rents increased 11.8 percent and 10.3 percent
Agreements to develop and raise the quality of residential projects across the Kingdom
Report expects real estate to increase its contribution to the GDP from 6 percent to 10 percent by 2030
40 percent of Spain's investments in Saudi Arabia over the past 10 years has been in the real estate sector
More than 600,000 trees and shrubs will be planted, covering 65 percent of the park area
Facilitating logistical supply for real estate-related projects in Saudi Arabia
Stable oil prices and strong economic indicators drive optimism
Building greater buyer trust, educating developers key to scale up demand
The new project includes 390 villas and townhouses
Saudis working in the private sector reached 2.3 million in 2023
The initiative has four developmental goals
Event aims to surpass previous edition’s deals harvest of SAR10 billion
Ambitious giga-project set to redefine tourism and culture
Contract has a duration of 40 months
CBRE report highlights robust growth in the kingdom's real estate sector
