CBRE Report

Surging Demand Leads to Rent and Price Increases for Saudi Villas and Offices in 2023

Surging Demand Leads to Rent and Price Increases for Saudi Villas and Offices in 2023

A recent report highlights the persistent supply constraints in Saudi Arabia's real estate market, contributing to significant increases in both office rents and residential property prices throughout 2023. CBRE's latest findings reveal a notable surge in average office rents for Grades A and B units in Riyadh, with rates soaring by 13% to 22.2% over the twelve months leading up to the fourth quarter of...

Dubai Continues to Spearhead GCC Real Estate Market in 2024: Kamco Invest Report

Dubai Continues to Spearhead GCC Real Estate Market in 2024: Kamco Invest Report

Dubai is poised to maintain its dominant position in the GCC real estate market throughout 2024, building on a stellar performance that accounted for over half of the GCC's transactions valued at $171.6 billion in 2023, according to realty analysts. The strategic insights provided by Kamco Invest underline the strength of Dubai's real estate sector, projecting a sustained leadership role in the...

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