The Future of Real Estate Forum is a global platform that brings together decision makers, economists, investors and specialists in the real estate system from different countries around the world to discuss major shifts and future trends of the real estate industry.

The Future of Real Estate Forum organizes dialogue sessions

The Forum will include a series of panel discussions and specialized meetings that address the issues of planning and urban design of residential communities and their health, environmental and social sustainability, in addition to highlighting the importance of employing modern real estate technologies in the construction of green buildings and the development of sustainable projects.

Future of Real Estate Forum is scheduled to take place at the UAE's National Real Estate Forum in Abu Dhabi. The forum comes at a time when the Kingdom is preparing to implement the system of foreign ownership of real estate starting next January, where Majid Al-Hogail, Minister of Municipalities and Housing, explained that ownership will be available to foreigners in all cities of the Kingdom, except Riyadh, Jeddah, Mecca and Medina, where ownership will be limited to specific geographical ranges.

Hogail stressed that the system has been developed by the Kingdom's Ministry of Municipalities and Housing. He stressed that the system has been designed to ensure that it does not affect the opportunities of citizens to own property and housing, or disturb the price balance in the real estate market, noting that its implementation will contribute to increasing the real estate supply, especially in the residential sector, reducing the gap between supply and demand, reducing inflationary pressures, and integrating with government measures aimed at achieving real estate balance in major cities in the medium and long term.

The new system aims to reduce the gap between supply and demand, reducing inflationary pressures, and integrating with government measures aimed at achieving real estate balance in major cities in the medium and long term. The new system aims to attract foreign direct investment to the Saudi real estate market, enhance the sector's contribution to GDP, attract international talent by enabling them to settle, support the development of the national economy, diversify sources of income, increase the contribution of non-oil sectors, and improve the quality of urban and urban life in a sustainable manner.

The new system aims to attract foreign direct investment to the Saudi real estate market, enhance the sector's contribution to GDP, and attract international talent by enabling them to settle down.