Month: October 2020

Reading time: 2 MinutesThe Saudi Authority for Accredited Appraisers (Taqeem) announced that it has received approval from the Royal Institution of Chartered Surveyors (RICS) for mutual recognition between the Fellowship membership it grants in real estate appraisal and the (MRICS) membership granted by the Institute. TAQEEM is the first valuation organization in the Arab world to obtain this accreditation, which raises professional standards, supports the development of the real estate valuation market in the Kingdom, and distinguishes its members… Read more

Reading time: 2 MinutesReal Estate – A study analyzing residential real estate prices in 25 of the world’s largest cities, conducted by UBS, found that the risk of a real estate bubble is highest in Europe, while Dubai’s housing market stands in stark contrast, with prices remaining moderate; home prices in Dubai have fallen by 40% from their previous levels… Read more

Reading time: 2 MinutesHousing Projects – His Royal Highness Prince Saud bin Talal bin Badr Al Saud, Deputy Minister of Housing for Housing Support and Beneficiary Services, emphasized that the ongoing transition to electronic home ownership procedures has greatly contributed to taking advantage of various solutions through loans subsidized by the Real Estate Development Fund in partnership with financing institutions, via streamlined electronic procedures linked to more … Read more

Reading time: < 1 MinuteResidential Project – Roshen Real Estate, a subsidiary of the Public Investment Fund, has identified its first residential project, located north of Riyadh, south of King Khalid International Airport, and near Princess Noura University, on a site covering approximately 20 million square meters. The project is expected to include approximately 33,800 residential units. The company stated that it has developed an ambitious plan to implement and develop the «Riyadh Project…” Read more