Tag: #KnightFrank
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Saudi Arabia: 115,000 new homes needed by Saudi nationals each year to achieve 2030 goals
Riyadh, 11th November 2024: Over 115,000 new homes are needed each year up to 2030 to satisfy demand from Saudi nationals, according to global property consultancy, Knight Frank’s new whitepaper: Transforming Saudi’s Residential Housing Market: Opportunities Abound. Approximately one-third of this incremental demand is being driven by the government’s 70% homeownership rate target, given the rate of…
Opinion: By Mohamad Salman
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UAE Real Estate Between Market Freedom and Developers’ Race for Profits
By Mohammad Salman, Editor-in-Chief The UAE has succeeded over the past years in building one of the most active and attractive real estate markets in the world. Regulations have evolved, registration procedures have become easier, foreign investment has expanded, and investor confidence has grown significantly. In Dubai alone, the value of real estate transactions in the first quarter of 2026 reached around AED 252 billion, up 31% year on year, according to the Dubai Land Department. That figure reflects the strength of the market, the scale of liquidity, and the confidence the emirate has managed to attract. Abu Dhabi has…
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