Month: April 2022

Reading time: < 1 MinuteDubai’s real estate market saw record-high sales volumes in the first quarter, with more than 19,000 real estate transactions recorded. The U.S.-based real estate services firm CBRE reported a rise in demand for residential properties from both residents and international buyers. The group’s data showed that average housing prices rose by 11.31% year-over-year through the end of last March, with … Read more

Reading time: 2 MinutesThe Sakani Program issued 10,716 electronic contracts for residential land to Saudi families benefiting from the program during the first quarter of this year, including 1,837 contracts issued in March via the “Sakani” mobile app, as part of the diverse housing and financing options it offers to facilitate homeownership, in line with the objectives of the Housing Program—one of the programs under the Kingdom’s Vision 2030—to increase the homeownership rate … Read more

Reading time: < 1 MinuteThe National Housing Company (NHC) announced that reservations for the first phase of the “Al-Narges View 2” project, located north of Riyadh, were fully booked by beneficiaries of the “Sakani“ program within one hour of its launch on the “Sakani” website and app, as well as the Sakani Comprehensive Center, confirming its commitment to continuing to launch more projects within the framework of diverse housing options and solutions and making them available for reservation through easy and accessible procedures, with the aim of raising … Read more

Reading time: < 1 MinuteThe National Housing Company (NHC) began offering 5,000 new residential villas across the city of Riyadh on Wednesday, as part of a plan to boost the housing supply targeted by the Ministry of Municipal, Rural Affairs, and Housing through the “Sakani“ program during the current year 2022. These units are located in the north of the capital and in the “Al-Asala” project in the south, as part of efforts to enable Saudi families to … Read more