Saudi Arabia’s giga-projects are pricing out real estate developers as construction costs skyrocket and exacerbate the supply crunch for housing and office spaces in Riyadh, expert says
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Latest in affordable housing
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Dubai construction sector is growing, but city needs mid-market properties: analyst
Dubai’s ZāZEN Properties says more mid-market real estate opportunities are needed to match population growth
affordable homes
Dubai real estate: Not everybody is a millionaire, so UAE needs more mid-market property
Dubai needs more mid-market real estate investment opportunities says ZāZEN Properties
affordable housing
Saudi Arabia records 32% drop in real estate transactions amid supply crunch, rising house prices
Rapidly increasing housing prices and a major supply shortage of favourable and affordable properties lead to a 32% drop in transactions across the Kingdom
affordable housing
Saudi Arabia’s real estate challenge needs to be solved sustainably
The model for reinventing housing for the urbanisation megatrend is in Saudi Arabia
affordable housing
Revealed: Dubai’s most affordable areas to live, rent
Amid the flourishing real estate sector in Dubai, here are the most affordable neighbourhoods to buy and rent properties
affordable housing
Dubai rents: Top 10 most affordable places to live
Deira, Dubai Production City, Dubai Investments Park, among other seven areas have seen low rents despite market uncertainty this year
affordable housing
Dubai tenants look to Jumeirah Village Circle amid soaring rental prices
Rental costs in Jumeirah Village Circle were up 7 percent to 16 percent, averaging at AED34,000, AED48,000 and AED70,000, for studios 1-bed and 2-bed units
affordable housing
Saudi Arabia’s housing plan tests kingdom’s reform drive
Saudi Arabia wants to reduce the cost of an average home by 2020 to five times the average annual income, down from 10 times the yearly salary in 2015
affordable housing
Riyadh forecast to see 30,000 new homes in 2019
KPMG Al Fozan & Partners says demand for lower- and middle-income housing remains strong in two of the major cities in Saudi Arabia
Abu Dhabi economy
Is affordable luxury the answer for Abu Dhabi’s property market?
Cityscape Abu Dhabi to showcase the emerging trend for affordable luxury housing to solve a disconnect between developer preferences and buyer demand
Abu Dhabi economy
Abu Dhabi property prices, rents fall marginally during Q1
Bayut.com research says large portfolio of affordable properties has led to a high amount of interest
affordable housing
Housing affordability a ‘challenge’ in Riyadh – report
A new report from Knight Frank found that affordability issues in the kingdom are masked by multi-generational household incomes
affordable housing
Revealed: Sharjah’s most affordable properties with water views
The value of transactions in the emirate rose to AED14.6 billion in the first three quarters of 2018
affordable housing
Revealed: how Dubai homes are becoming more affordable
Bloomberg Global City Housing Cost Index shows 47% of average monthly salary goes on housing compared to 71% last year
Abu Dhabi
Al Reef and Al Ghadeer most affordable areas in Abu Dhabi
Al Reef is the best areas for those seeing villas or townhouses, according to July transaction data from Propertyfinder
affordable housing
Bahrain’s GFH inaugurates first township project in Mumbai
Wise City will open phase one with up to 5,500 affordable homes in a joint development between Whadwa Group and Valuable Properties