Month: July 2015

To Discuss Affordable Housing, Amlak Real Estate is a Sponsor of Cityscape Global Dubai 2015

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Reading time: < 1 MinuteAmlak Real Estate Newspaper is sponsoring the Cityscape Global Dubai 2015 conference and exhibition, which kicks off on September 7 and continues until September 10 at the Dubai World Trade Center (DWTC). Amlak Real Estate Newspaper's initiative to sponsor such international forums stems from its belief in the effectiveness of the role played by the media in crystallizing the true image of ... Read more

Jeddah and Sharqiya maintain price per square meter stability, real estate sector grows by 4.1%

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Reading time: < 1 MinuteA recent report revealed that the rental price per square meter for offices of category (A) reached SAR 1,200 per square meter per year, while the price of category (B) reached SAR 700 per square meter per year in Jeddah and the Eastern Province, and indications are that the demand will rise in the near term in conjunction with the completion of new office projects ... Read more

5K units support Abu Dhabi's residential sector and a stabilizing year for retail real estate

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Reading time: 2 MinutesJLL Group, one of the world's leading real estate investment and advisory firms, has released its Q2 2015 Abu Dhabi real estate market performance report covering office, residential, retail and hospitality segments. Below is a summary of the key highlights of the Abu Dhabi real estate market: Office Segment Total office inventory reached 3.2 million square meters... Read more

Riyadh's office market receives 1.2 million square meters to keep pace with strong demand

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Reading time: 2 MinutesRiyadh has a diverse supply of Class A and B commercial office space with a supply of around 3.5 million square meters, mostly concentrated in the central and northern areas of the city. Demand is concentrated on key buildings such as Kingdom Tower, Economic Gateway and Granada Business Oasis, which enjoy over 90% occupancy. Vacancy rates across the city remain unchanged. Read more

More residential units and hotel rooms coming online in Dubai leads to a drop in rents

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Reading time: 2 MinutesThe launch of a large number of residential units and hotel rooms in Dubai has led to a drop in residential rental prices, which fell by 3% during the second quarter of 2015, while the market witnessed the launch of 6,750 new residential units in the same period, bringing the city's total residential real estate portfolio to 479,000 units. While adding ... Read more

400 million riyals to expropriate 151 properties in different regions

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Reading time: 2 MinutesThe Director General of the Expropriation Department at the Ministry of Municipal and Rural Affairs, Shar Al-Shehri, called on the owners of the properties that were decided to be expropriated based on the decision of the Minister of Municipal and Rural Affairs, M. Abdul Latif bin Abdulmalik Al-Sheikh, who decided to expropriate (151) properties in favor of implementing new municipal projects in a number of regions of the Kingdom to review the competent authorities to complete their compensation procedures in accordance with the requirements of the applicable law. Read more

Cityscape Dubai puts affordable housing at the forefront of its agenda

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Reading time: 2 MinutesThe current shortage of middle-income housing is one of the biggest challenges facing the real estate industry in the Middle East. There is an acute shortage of affordable housing for households earning average to above-average salaries in the UAE, making it imperative for the industry to study and discuss the best of the evolving initiatives that have been launched in the UAE and Saudi Arabia... Read more

Amlak's editor-in-chief reveals the secrets of real estate marketing

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Yesterday, Silah Satellite TV hosted Mr. Abdulaziz Al-Issa, editor-in-chief of Amlak Real Estate Newspaper“

At the beginning of the episode, the editor-in-chief of Amlak spoke about the newspaper as the first specialized real estate newspaper, and its contributions in following up events, exhibitions and related events, and Al-Issa touched on the experience of issuing the newspaper while continuing his studies abroad, as well as the modern marketing methods provided by digital technology, stressing the timelessness of paper advertising.

Regarding the newspaper's participation in exhibitions, Mr. Abdulaziz Al-Issa confirmed the newspaper's active participation in sponsoring, logistical and technical support for all real estate exhibitions and related exhibitions in the Kingdom and the region, and Al-Issa pointed out the role of the newspaper in the tourism aspect, and discussed the newspaper's marketing of various real estate products to major companies, explaining that the newspaper is the largest forum and gathering for real estate professionals.

Mr. Abdulaziz Al-Issa also provided many important statements about real estate marketing, the role of the newspaper in preparing economic feasibility studies, and other specialized topics, and it is worth noting that the episode will be repeated today at 5 pm Makkah time.

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