Reading time: 2 MinutesAldar Properties plans to launch a lease-to-own program in the units of its West Yas residential project, which enjoys views of the mangrove forests surrounding Yas Island. The program allows customers to increase their ownership percentage in the units covered by the program over a period of five years by making rental payments of AED 220,000 per year. (Dubai Real Estate) Aldar explained ... Read more
Reading time: 2 MinutesThe Real Estate Development Fund (REF) organized an introductory workshop on the subsidized mortgage loan program on the sidelines of the «Residential Expo» Asir, and the Director of Product Development Department, Mansour Al-Ghayyad, said that the organization of the introductory workshop for visitors to the exhibition came with the aim of introducing them to the programs and initiatives provided by the Real Estate Fund and answering their inquiries. He explained that the workshop explained how to benefit from the solutions ... Read more
Reading time: 5 MinutesMore than 5,500 visitors from the Ministry of Housing and Real Estate Development Fund beneficiaries in Asir region attended the «Residential Expo Asir» exhibition, which was held in Abha from July 5 to 8 under the patronage of His Royal Highness Prince Turki bin Talal bin Abdulaziz, Governor of Asir region, to learn about the housing options ... Read more
Reading time: 2 MinutesThe Ministry of Housing's «Residential» program launched 11 new residential schemes through its electronic portal within the residential schemes of the lands that the program continues to offer through the portal monthly, to allow the beneficiary to choose the appropriate residential scheme for him, calling on beneficiaries wishing to obtain free land to visit its website. The Ministry of Housing explained in a statement that it has activated the electronic selection ... Read more
Reading time: 2 MinutesHousing Minister Majid Al-Hogail revealed that the ministry is linked with more than 250 associations to provide housing across the Kingdom. ( Real Estate ) He said on his Twitter account: »When we took the decision to partner with charitable associations, our goal was to reach the neediest families and quickly provide them with the required housing. Read more
Reading time: 2 MinutesThe Public Pension Agency (PPA) explained that as part of its strategy 2022, which includes providing excellent services to participants and retirees, and in continuation of the agency's policy of developing the «Masaken» program to serve its customers, the conditions of the program have been amended so that mortgage financing becomes until the age of 75 years instead of 70 years in order to enable a wider segment of participants and retirees to benefit from the program. And the program ... Read more
Reading time: 2 MinutesThe «Success Partners» group and the «Amlak Newspaper» team have intensified their exploratory tours in cities and capitals of the world to search for promising investment opportunities in the real estate sector and other investments, and their latest tour came in the Republic of Bosnia and Herzegovina. The group met with the Prime Minister of Bosnia and Herzegovina, Denis Zvezdic, at his office in Sirajevo, in the presence of H.E. Haris Bazic, Bosnian Minister of Economy, and Sarajevo Mayor Abdullah Skaka, where ... Read more
Reading time: 2 MinutesAfter the Cabinet's decision to approve the e-commerce system, and the development in local trade systems, we will witness a noticeable change in the activity of the real estate market, especially after the virtual market has become a reality with many shops, as statistics indicate that there are more than 32 thousand electronic stores supported by 39 initiatives that support this open trade, whose value is estimated ... Read more
Reading time: 2 MinutesThe Council of Ministers, during its session held last week under the chairmanship of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, decided to approve the e-commerce system and amend the name of the «Public Transport Authority» to the «General Transport Authority». The council decided to approve the e-commerce system, after reviewing the transaction, said Information Minister Turki Al-Shabana. Read more
Reading time: 2 MinutesSources at the Ministry of Justice revealed that the number of mortgaged properties documented by notaries in Saudi Arabia has reached about 40,000 properties since the beginning of the current Hijri year, recording an increase of more than 300 percent compared to the same period last year, which amounted to about 9,500 thousand. The sources said that residential properties accounted for about 70 percent of mortgaged properties. ... Read more
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