KSA’s continued popularity drives real estate values says JLL report ...United Arab Emirates

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KSA’s continued popularity drives real estate values says JLL report
Saudi Arabia’s substantial investments in infrastructure developments and giga projects continue to drive growth and resilience in the Kingdom’s real estate market, with 27,500 residential units delivered in Riyadh and Jeddah in H1. This increases the total stock to approximately 1.46m units in the capital and 891,000 units in Jeddah. Around 16,000 units each will be added to the stock in the two cities later this year. JLL’s latest KSA Real Estate Market Dynamics Report states that the residential and hospitality sectors stood out for their strong performance in H1 2024, supported by the government’s efforts to boost home ownership and the introduction of tourist visas, the expansion of ent

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