List of all articles filed under “saudi-arabia-real-estate” category.
Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, discusses land issues in the country. The government in Saudi Arabia, with the authorization from the King, gives land to the people or to the government for public projects. Transferring land is a freehold transfer of ownership. GCC citizens can buy in Saudi Arabia with regulations, except for Mecca and Medina, which can only be sold to Saudi Arabians.
Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, describes housing in Saudi Arabia. He states that the country “lacks hotels.” He sees many hotels being constructed at the moment, including 5-star and 4-star hotels. The market will be saturated in about two years.
The real estate cycle lasts about 7-10 years. Dr. Bader Ibrahim Ibn Saedan, General Manager of Al Saedan Real Estate, discusses how they deal with the crises that occur in the real estate market. The family has been in the business for three generations. Al Saedan has survived a complete cycle and they know what to do to prepare for the crisis. More importantly, they have transferred that experience for the generations after to ensure continued success.
The real estate sector in Saudi Arabia has been one of the major economic supports for the economy of the country for at least the last two decades. The outlook for the real-estate sector is positive. There will be tremendous growth. Within the last three years, there was almost 300% growth in the real estate market, and in projects and development in general.
Akaria was established in 1976 and it was the first real estate company in Saudi Arabia. It continued to have the word “first” throughout its history. It’s the first IPO’d company, the first mall ever built in the Middle East was built by Akaria…
The real estate sector in Saudi Arabia has been one of the major economic supports for the economy of the country for at least the last two decades.
Dr. Fahad A. M. Al Said, CEO of Al Akaria Real Estate, talks about the biggest misconception about Saudi Arabia.
Al Saedan Real Estate is one of the leading real-estate companies in Saudi Arabia.
