Month: March 2021

Reading time: < 1 MinuteThe «Wafi» off-plan sales and leasing program signed 7,000 financing contracts for private-sector off-plan projects last January, According to Anas Al-Mazroue, Deputy Secretary-General for Legal Affairs and Oversight at the program, the value of the land will soon be paid from the guarantee, as previously proposed by real estate developers. Al-Mazroue explained during a virtual workshop… Read more

Reading time: 2 MinutesToday we’re introducing a new term that is considered one of the most important aspects of real estate investment: real estate appraisal; Appraisal has established principles that a professional appraiser must follow to ensure that all parties benefit and that the state does not lose its share of real estate fees and taxes. Some people may seek an appraisal to purchase a property or to obtain bank financing through a mortgage… Read more