Real Estate Index: Mohamed Al-Amin Jamous
The Real Estate Index report for last October revealed that the number of deals concluded in <a style="color: #800000;" href="https://amlak.net.The report indicated that the number of residential rental contracts reached more than 145,000 contracts, while commercial rental contracts exceeded 43,000 contracts.
Riyadh topped the index in terms of the number of residential rental contracts, while the number of commercial rental contracts exceeded 43,000 contracts.
Riyadh topped the index in terms of the number of residential rental contracts, while the number of commercial rental contracts topped the index in terms of the number of commercial rental contracts.
Riyadh topped the Rental Index ninth report as the most documented city for rental contracts, after it exceeded 67 thousand residential and commercial contracts, representing more than 35% of the total deals, followed by Jeddah, which approached 40 thousand residential and commercial contracts, then Mecca with more than 14 thousand contracts, then Medina, with more than 13 thousand contracts, Dammam with more than 10 thousand contracts, while the remaining cities recorded about 44 thousand residential and commercial deals.
Riyadh's city of Riyadh topped the report with more than 145 thousand residential and commercial contracts, while commercial rental contracts exceeded 43 thousand contracts.
Ejar has added a package of improvements to the rental index in the Sakani platform, including comparing the average rental values of units in a group of neighborhoods, identifying the price ranges of residential units, searching for neighborhoods that include residential units in a price range specified by the beneficiary, where the number of rental deals on residential and commercial units in the specified neighborhood can be reviewed during the specified period, the average rental values, clarify the price range of residential deals, and review them through a graph.
These improvements include a comparison of the average rental values for units in a group of neighborhoods, identifying the price ranges of residential units, and searching for neighborhoods that include residential units in a price range specified by the user.
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Rental Index during October 2022
Riyadh City
67K residential and commercial contracts
Neighborhoods where the housing index rose:
Dhahra Laban, Al Wurood, and Tuwaiq.Neighborhoods where the housing index increased:
Neighborhoods where the commercial index rose:
Khaleej, Sulay, and Alia
Al Khaleej, Sulay, and Alia
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Jeddah city
40K residential and commercial contracts
Neighborhoods where the housing index rose:
<Safa, Mushrifa, and Al Bawadi.Neighborhoods where the commercial index rose:
Al Balad, Safa, and Al Aziziyah.
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Rental real estate index deals
Mecca: 14 thousand rental contracts
Medina: 13 thousand leases
Dammam: 10K leases
Rest of cities: 44K transactions
