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We have an updated list of properties available in Saudi Arabia ranging from the most luxurious villas to the modest commercial accommodations in the most preferred locations around the city.

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Kennedy Wilson Announces Sale of 130,000 Sq Ft Office Building to J.P. Morgan as First Occupier at Its Capital Dock Development 

Tuesday May 16th, 2017,

Global real estate investment company Kennedy Wilson (NYSE:KW), in a joint venture with Fairfax Financial Holdings Limited and the National Asset Management Agency (‘NAMA’) today announces that J.P. Morgan Bank (Ireland) plc (‘J.P. Morgan’) is to become the first major occupier to commit to the highly-sought after Capital Dock campus development through a forward-funding sale … Continue reading Kennedy Wilson Announces Sale of 130,000 Sq Ft Office Building to J.P. Morgan as First Occupier at Its Capital Dock Development 

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Saudi Arabia's KHC to complete 'world's tallest tower' by 2019

Monday May 15th, 2017,

The first stage of the one-km-high Jeddah Tower being developed by Saudi Arabia's Kingdom Holding Company, the investment firm owned by billionaire Prince Alwaleed bin Talal, is due for completion by 2019 after solving the financial issues with contractor Saudi Binladin Group (SBG), said a report citing its top official. Jeddah Tower, which currently stands … Continue reading Saudi Arabia's KHC to complete 'world's tallest tower' by 2019

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Saudi Arabia awards SR1.9bn transport project to Turkey’s Yuksel

Sunday May 14th, 2017,

Saudi Arabia has awarded Turkish construction giant Yuksel the SR1.9 billion ($506.6 million) Bus Rapid Transit (BRT) project, which includes construction of 34 stations, 1,353 community bus stops and six pedestrian bridges in Riyadh. The project will also serve as feeder lines for the metro stations being built in the capital and its suburbs to … Continue reading Saudi Arabia awards SR1.9bn transport project to Turkey’s Yuksel

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Festival City's IMAGINE Show with Panasonic Projectors Receives Second Guinness World Record 

Saturday May 13th, 2017,

(ME NewsWire)– Guinness World Records recognized IMAGINE, the latest multimedia attraction in Dubai, for the World's Largest Permanent Projection Mapping after a three-month successful run, using over 60 Panasonic projectors covering approximately 4,857 square meter of projection area on the facade of InterContinental Dubai Festival City. [Video] Projection Mapping with Panasonic Projector – Dubai Festival … Continue reading Festival City's IMAGINE Show with Panasonic Projectors Receives Second Guinness World Record 

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 RSG International & Rotana announce second collaboration to launch a new 4-star hotel in Dubai 

Thursday May 11th, 2017,

RSG International, UAE-based business group with interests in the property development, automotive and industrial equipment sectors, signed a management agreement with Rotana, one of the leading hotel management companies in the region with the hotels across the Middle East, Africa and Turkey, for a new 4-star hotel in Dubai, at a prime location on Sheikh … Continue reading  RSG International & Rotana announce second collaboration to launch a new 4-star hotel in Dubai 

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4 Al-Rajhi properties auctioned for $172m

Wednesday May 10th, 2017,

The value of the first auction held to sell the estate of Saudi businessman Saleh bin Abdulaziz Al-Rajhi amounted to more than SR644 million ($172 million). The auction was held Saturday evening at the InterContinental Hotel in Riyadh to sell four properties left by Al-Rajhi. The first, Toarn Center, was sold for SR246 million to … Continue reading 4 Al-Rajhi properties auctioned for $172m

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Azizi Developments Unveils its First Residence in Downtown Jebel Ali: Azizi Aura

Tuesday May 9th, 2017,

Azizi Developments, the fast growing and award-winning Dubai real estate developer, announced the incredible sales results for Azizi Aura, its first project in Downtown Jebel Ali. The developer has sold 57 per cent of the residential apartments before its official launch, which will take place on May 13th at the Murjaan Ballroom within Madinat Jumeirah’s … Continue reading Azizi Developments Unveils its First Residence in Downtown Jebel Ali: Azizi Aura

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Saudi Arabia in bid to boost lending for homes

Saturday May 6th, 2017,

Saudi Arabia’s first mortgage-refinancing firm has started approaching banks to buy their mortgage portfolios as the state tries to boost lending for homes, according to a report. The state-run company, created to develop a secondary market for home loans, will have SR5 billion ($ 1.3 billion) of its own capital and will work with the … Continue reading Saudi Arabia in bid to boost lending for homes

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INTERVIEW-Saudi Arabia says close to major deals in $100 bln housing scheme

Thursday May 4th, 2017,

* MoUs signed with South Korea, China last year * Final proposals expected from countries' firms this month * Also seeks partnerships with U.S. builders, minister says * Tax on undeveloped land to raise 1-2 billion riyals/year By Katie Paul and Marwa RashadRIYADH, May 3 (Reuters) – Saudi Arabia is close to striking deals with … Continue reading INTERVIEW-Saudi Arabia says close to major deals in $100 bln housing scheme

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Virtual tech alters dealings with real estate sales, lease

Monday May 1st, 2017,

Real estate developers in Saudi Arabia have begun to employ virtual reality technology as an innovative way to marketing their projects, which will enable customers and interested people, whether tenants or buyers, to visit real estate, tour it and explore all the details quickly and easily through smart phones and tablets or by using special … Continue reading Virtual tech alters dealings with real estate sales, lease

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