Month: May 2020

During the “Assessment” panel discussion: The 2008 crisis revealed that the problem lay in the valuation of real estate, not in its value

by
Real Estate Appraisal Session - Real Estate Appraisal

Reading time: 2 MinutesMahmoud Al-Barai, Senior Advisor at the Dubai Land Department, revealed that the crisis that hit the real estate sector in 2008 was not due to the actual value of the properties, but rather to the valuations assigned to them during that period, despite the presence of major projects. He made these remarks during his participation in a panel discussion organized by the Saudi Authority for Accredited Valuers (TAQEEM), … Read more

Bouabbas: The practice of real estate appraisal in the State of Kuwait is subject to certain conditions and regulations, and penalties are imposed on violators

by
Real Estate Appraisal Session - Real Estate Appraisal

Reading time: 2 MinutesReal estate regulation in Kuwait began in 2010 when the Ministry of Commerce issued a decision separating the profession of real estate broker from that of real estate appraiser, This occurred when banks and appraisal firms intervened and played a major role in the issuance of the decree, as there is a conflict of interest when the broker is the one appraising the property. This was explained by Hussein Bu Abbas, a member of the Kuwaiti Union of Real Estate Appraisers … Read more

During an “evaluation” session. Reem Al Sadri: Local appraisal offices cover the Bahrain market and large projects are handled by international offices

by
Real Estate Appraisal Session - Real Estate Appraisal

Reading time: < 1 MinuteReem Sadri, a Certified Real Estate Appraiser in the Kingdom of Bahrain, stated during her participation in a panel discussion organized by the Saudi Authority for Certified Appraisers “Taqeem,” held remotely and with specialized media coverage provided by Amlak Real Estate Newspaper, that national appraisal firms in Bahrain cover the local market, as there are between 60 and 65 certified appraisers who have met the required conditions and standards. She noted that … Read more

During the “Assessment” panel discussion: The 2008 crisis revealed that the problem lay in the appraisal of real estate, not its value

by
Real Estate Appraisal Session - Real Estate Appraisal

Reading time: 2 MinutesMahmoud Al-Barai, Senior Advisor at the Dubai Land Department, revealed that the crisis that hit the real estate sector in 2008 was not due to the actual value of the properties, but rather to the valuations assigned to them during that period, despite the presence of major projects. He made these remarks during his participation in a panel discussion organized by the Saudi Authority for Accredited Valuers (TAQEEM), … Read more

Governor of the General Real Estate Authority: We submitted a study to reduce the value-added tax on the real estate sector and compensate it with a financial compensation

by
Share Governor of the Real Estate Authority - Real Estate Sector

Reading time: 2 MinutesHis Excellency Mr. Essam Al-Mubarak, Governor of the General Real Estate Authority, revealed a study submitted to the Council for Economic and Development, prepared by the Authority in collaboration with the Center for the Study of Non-Oil Revenue Development, with the aim of reducing the value-added tax on the real estate sector and replacing it with a financial fee. Al-Mubarak explained during the virtual meeting organized by the Council of Saudi Chambers, with the participation of Council Chairman Ajlan Al-Ajlan and the Committee Chairman … Read more

The Saudi Industrial Development Fund Announces the Possibility of Deferring Loans for Large Projects Affected by Precautionary Measures

by
Saudi Development Fund - Loans

Reading time: 2 MinutesThe Saudi Industrial Development Fund revealed that it is currently considering deferring and restructuring loan payments for large projects affected by the precautionary measures implemented to combat the coronavirus pandemic, noting that there is a special credit facility initiative to support the operating expenses of eligible SME clients of the Fund, as well as how to benefit from it and its terms and conditions.This announcement came during a virtual session organized by the Riyadh Chamber of Commerce, represented by the Committee … Read more

“Tawassul” is hosting a panel discussion this Tuesday evening on the state of real estate valuation in the Gulf countries amid the COVID-19 pandemic

by
Report on the Current State of Remote Real Estate Appraisal

Reading time: 2 MinutesThe Saudi Authority for Accredited Valuers (TAQEEM) is organizing a specialized virtual panel discussion titled “The Reality of Real Estate Valuation in the Gulf States Amid the Coronavirus Pandemic,” with specialized media sponsorship from Amlak Real Estate Newspaper. The session will begin at 10:00 p.m. today, Tuesday, 19 Ramadan, corresponding to May 12, 2020. Participants in the session, which will discuss the impacts of the spread of the coronavirus … Read more

Sultan Hamad Alotaibi writes: Real Estate. After the pandemic, he identifies three episodes that shape the future of the sector

by
Sultan Hamad - Real Estate Initiatives

Reading time: 2 MinutesA sense of anticipation and uncertainty prevails among all those interested in real estate as they wait to see what the future of the real estate market will hold in light of the global spread of the coronavirus and the extent of the pandemic’s impact on it.  In this article, I will share my personal perspective based on my experience in the real estate market and industry, my close observation of events, and my careful analysis of the current landscape, which reveals three key trends… Read more

Mazaya's report confirms that the real estate market is resilient. The economic downturn is delaying major projects

by
Dubai Real Estate - Dubai Real Estate Actions

Reading time: 3 MinutesReal estate reports have confirmed that the rental market in the Gulf countries has shown flexibility in contractual relationships between corporate and individual landlords and tenants. This flexibility has taken the form of landlords offering reductions in annual rent, and exempting some tenants from rent for a number of months. Facilities were also provided to defer rent payments, and at the same time, some voices have emerged calling for … Read more

Al-Khayber REIT withdraws its decision to acquire a property in the Eastern Province

by
Alkhabeer REIT - Real Estate

Reading time: 2 MinutesAl-Khabeer Capital, manager of the Al-Khabeer REIT Fund, announced that the fund’s board of directors has decided to withdraw from the acquisition of the property located in the Eastern Province in order to protect the interests of unit holders and the fund under the current circumstances.  The company clarified in a statement on “Tadawul” that it does not expect this development to have any impact on the fund’s performance and results. The company had … Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.