Real Estate Articles... Khaled Al-Daraa writes: How do you build trust with your client?

Khalid Al-Daraa - Real Estate Investment

Reading time: < 1 MinuteHow do you build trust with your customers? Given the intense competition in the business sector,  and with new companies entering the market, the only way to maintain your market share is by retaining customers and building a strong relationship based on trust. Here are some steps that will help you retain your customers and build bridges of trust with them. 1- Establish an effective channel of communication with them to listen to their feedback and suggestions… Read more

Strong performance in the UAE real estate market... 25,000 residential units expected to be delivered in Dubai by year-end

Dubai Real Estate - Dubai Real Estate Actions

Reading time: < 1 MinuteA recent real estate report revealed that the UAE's real estate market performed strongly during the second quarter of 2022, dispelling the unprecedented repercussions and rising fears of inflation on a global scale. The report showed continued high demand for villas and townhouses, and rising rents with similar momentum to that recorded over the past year. 1300 residential units... Read more

Housing Program Issues 15,113 Electronic Contracts for Free Land

Residential program

Reading time: < 1 MinuteThe Sakani Program, under the Ministry of Municipal, Rural Affairs, and Housing, has issued 15,113 electronic contracts for free residential land to Saudi families benefiting from the program from the beginning of 2022 through the end of last July via its mobile app. The program stated in a press release that the land contracts included 3,803 plots in the Makkah region, 3,241 plots in the Riyadh region, and 2,396 plots in the Eastern Province, … Read more

Property Articles... Matar Al-Shammari writes: Tips before signing a personal finance contract for interest

Rain-Shammari

Reading time: < 1 MinuteTips Before Signing a Personal Loan Agreement 1- Determine your personal financing needs. 2- The best repayment term is three years. 3- Understand the financing details before signing the contract {financing amount / Annual Percentage Rate (APR) / merchant fee / monthly installment and due date / verify the fees charged by the bank. 4- Read the contract and terms before signing. 5- Make sure… Read more

“Enforcement” meets members of the National Evaluation Committee at the Federation of Saudi Chambers

Enforcement with the Federation of Chambers

Reading time: < 1 MinuteThe National Evaluation Committee of the Council of Saudi Chambers held an extensive meeting yesterday with the Enforcement and Liquidation Center (Enfaaz) to discuss the services provided by the center, prospects for joint cooperation, and the challenges facing residents and ways to address them.Hamad bin Ali Al-Shuwaier, Chairman of the National Evaluation Committee, highlighted the importance of evaluation as one of the pillars of economic development and its role in safeguarding rights, protecting the interests of individuals and the economy, and providing … Read more

4455 licenses for foreign investments in Saudi Arabia during the second quarter

Ministry of Investment - Economic Indicators

Reading time: < 1 MinuteA report released by the Ministry of Investment revealed that the number of foreign investment licenses issued in the Kingdom reached 4,455 during the second quarter of 2022, representing a 674% increase compared to the same period last year. The wholesale and retail trade sector accounted for a large share of the licenses issued, with approximately 2,713 licenses, while the construction sector ranked … Read more

Breaking News: Strategic Partnership Between the Future of Real Estate Forum and the World Real Estate Federation to Develop the Housing Sector

Future of Real Estate Forum

Reading time: < 1 MinuteThe Future of Real Estate Forum and the World Real Estate Federation have entered into a strategic partnership aimed at exchanging expertise, ideas, and best practices between the two parties, with the goal of developing the real estate and housing sector across the Kingdom and increasing its contribution to supporting the national economy. This agreement comes at a time when the real estate sector is receiving significant attention from both the public and private sectors, in addition to state support and the provision of various incentives … Read more

The average monthly housing supply in Riyadh is 5,163 units... Is that enough to meet demand?

12 Average Price of Residential Units

Reading time: < 1 Minute4,826 new housing units in Riyadh in June A report issued by the Business Intelligence and Decision Support Center at the Ministry of Municipal, Rural Affairs, and Housing regarding the completion index for new housing supply that the number of new housing units in Riyadh for June of this year reached 4,826, an increase of 371% compared to the same period last year … Read more

Private sector maintains growth rate in July

Shopping - VAT

Reading time: < 1 MinuteNon-oil private sector companies in the Kingdom maintained a steady growth rate in July, albeit slightly slower than in June, supported by increases in customer numbers, purchases, and production. According to reports, the seasonally adjusted S&P Global Purchasing Managers’ Index for the Kingdom fell to 56.3 in July from … Read more

Ministry of Justice completes 30,000 electronic discharges

Ministry of Justice issues multi-party agency

Reading time: < 1 MinuteThe Ministry of Justice completed 30,000 electronic property transfers during the first half of 2022 through the Najiz portal, noting that the upper limit on the value of properties that owners wish to transfer electronically has been raised from three million riyals to 20 million riyals. The Ministry stated that real estate transfers are available electronically around the clock, following simple and accessible steps that allow the seller … Read more