Amlak Real Estate Newspaper steals the show with its elegant presence
In the presence of major real estate development companies, banks and financing entities, in addition to the Ministry of Housing and the Real Estate Fund, Restatex Riyadh 2018 concluded its activities, which was launched from 22 to 25 April at the Exhibition and Convention Center. The opening ceremony was graced by the Minister of Housing, Majid bin Abdullah Al-Hogail, who stressed that the exhibition represents an opportunity to learn about the solutions provided by the Ministry to provide adequate housing for citizens, as well as the experiences of real estate development and financing companies locally and internationally.
Completion, Wafi, Ejar and White Lands at the exhibition
During his tour of the exhibition, the Minister of Housing inspected the Ministry's current and future projects, including villas, apartments and townhouses, within projects that integrate all the necessary service facilities such as mosques, schools, health centers and all other service sectors, in addition to commercial, recreational and other facilities, in addition to its various programs and initiatives that come within the framework of the policy of regulating the housing sector and facilitating a balanced and sustainable housing environment. White Land Fees, Ejar, Owners Union, Completion, Wafi, Partnership with the Private Sector, Development Housing, Completion Center, as well as the programs offered by the Real Estate Development Fund in the framework of providing subsidized mortgage loans to enable citizens to build and buy the housing they want.
<p class=»p130 real estate developers qualified to provide housing units
Al-Haqeel's speech at the opening ceremony revealed that the ministry has so far signed with more than 30 qualified real estate developers to provide housing units of high quality and appropriate prices that meet the aspirations of beneficiaries, and will continue to sign more agreements to ensure the pumping of more housing units in all regions, This comes to strengthen the partnership with qualified developers and financiers, in line with the strategic objective of supporting supply, enabling demand and stimulating the real estate supply, in addition to improving the performance of the real estate sector and raising its contribution to GDP.
<p class="p2The Minister renewed his confidence in the partnership with the private sector, describing it as of paramount importance in achieving the Ministry's objectives in obtaining adequate housing, pointing out that during the "Residential" program launched by the Ministry of Housing at the beginning of last year 2017, 282 thousand residential and financial products were allocated in all regions, and the target for the current year was announced to allocate 300 thousand residential and financial products."
Events accompanying the exhibition
The activities of this year's exhibition included a set of events, workshops, lectures and seminars that reviewed the reality of the housing market in the Kingdom and the mechanisms to support and develop it, in addition to discussing the plans and programs of the Ministry of Housing and its efforts in developing urgent housing solutions, as the events, which lasted for three days, focused on the review of the Governor of the General Real Estate Authority, His Excellency the Governor of the General Real Estate Authority Essam Al Mubarak reviewed the Authority's work plan with the participation of the Saudi Real Estate Institute, and the General Authority for Statistics participated in a workshop entitled "Real Estate Index" and another on the real estate retail sector, and the workshops accompanying the exhibition included a review of a number of programs and initiatives of the Ministry of Housing such as land fees, sorting units and Ittimam, Ejar program, and concluded with a workshop on «Real Estate Finance» with the participation of the Real Estate Fund, and the accompanying events concluded with a workshop on «Real Estate Finance» with the participation of the Real Estate Fund.
<p class="p1Fruitful competition between real estate development companies
During the days of the show, many real estate development companies appeared in an elegant dress as they presented their real estate products to visitors and businessmen, revealing the large size of the market and the interaction of companies with the housing and financing programs offered, which confirms the unity of the general goal and the endeavor of all sectors to contribute to solving housing issues by providing residential schemes complete with services and infrastructure, The companies showcased multiple models of housing options ranging from apartments, villas and others that meet different desires, and other future projects in favor of a large supply that would achieve flexibility in line with demand and increase purchasing power at realistic prices that give the market the required credibility, and the companies" products won the satisfaction of visitors, whose number increased in the last days of the show, and painted the features of the real estate sector, in terms of quality, innovative designs, and modern construction methods.
<p class="p2On the exhibitors" side, signs of satisfaction prevailed on most company owners from the good return gained from the exhibition; by benefiting and achieving the desired goals of participation, while many businessmen were confirmed to participate in the activities of the next exhibition scheduled for April 28 and will continue until May 1, 2019.
Dar Al Arkan Projects for real estate development
Dar Al Arkan Real Estate Development showcased its projects at home and abroad, and the most prominent projects implemented by the company include the Florence Tower project in Dubai, the Juman project in the waterfront in Dammam, Shams Riyadh, Parisiana and Al Qasr Mall in Riyadh, Shams Al Arous in Jeddah, in addition to the Naeem Neighborhood project.
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Argan Projects
Argan Projects, the platinum sponsor of the exhibition, highlighted its new project Al Shorouk, which is located northeast of Riyadh in the Rimal neighborhood and contains 334 residential villas, as well as Al Fursan project in Dammam on King Fahd Road and consists of 639 residential villas, and other projects in Riyadh, which include Qumra, Cordoba Homes, Green Oasis and Murooj, the company aims to provide home ownership opportunities both in Dammam, Riyadh, Jubail and Yanbu.
The company's goal is to provide home ownership opportunities in Riyadh, Dammam, Jubail and Yanbu.
Dawwain Al Jazeera
Dawwain Al Jazeera
Dawawin Real Estate Company, the golden sponsor of the exhibition, reviewed its strategic project (Dawawin Al Jazeera), which is located in the Badr neighborhood in southern Riyadh along Imam Muslim and Imam Malik Road, a full-service residential project allocated to a total area of about 3 million square meters with a capacity of 4260 housing units (villas, townhouses and deluxe), which meet the conditions for sale on the map, and the green spaces represent 47% and are complete with educational, health and recreational services.
Government Entities Participating Organizations
Ministry of Housing.
Ministry of Housing.
Real Estate Development Fund.
Real Estate Development Fund.
Real Estate Contributions Committee.
Real Estate Contributions Committee.
Saudi Real Estate Institute.
Saudi Real Estate Institute.
General Authority for Statistics.
General Authority for Statistics.
Riyadh Chamber of Commerce and Industry.
Riyadh Chamber of Commerce and Industry.
Off-plan sales committee.
Off-plan sales committee.
Developer Services Center (Tajamal)
Developer Services Center (Tajamal).
Partnership Programs.
Partnership Programs.
Owners Association.
Owners Association.
Banks and lenders
In this year's edition, banks and financing entities were active in offering their various financing programs and highlighted their partnership with the Ministry of Housing and the Real Estate Fund, some of which directly targeted citizens seeking housing at all levels, including banks that participated in the exhibition:
National Commercial Bank. National Commercial Bank.
Enmaa Bank. Enmaa Bank.
Al Rajhi Bank. Al Rajhi Bank.
Riyad Bank. Riyad Bank.
Bank Albilad. Bank Albilad.
Bank Al Jazira. Bank Al Jazira.
Arab Bank. Arab Bank.
Dar Al Tamleek. Dar Al Tamleek.
