News tagged "Residential sector"

Demand for Jeddah’s residential sector expected to gain momentum, says JLL

Demand for Jeddah’s residential sector expected to gain momentum, says JLL

8th April 2019

According to *MENA Herald news report, with the Saudi government’s ongoing commitment to boosting home ownership amongst local residents, demand for Jeddah’s residential sector is expected to gain momentum, highlights JLL’s Q1 Jeddah Real Estate Market Overview report, launched at Cityscape Jeddah today.  This comes as the Kingdom aims to increase the real estate sector’s contribution to GDP to 10% by 2020, up from 5%.[..]

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Dubai’s residential sector in final quarter of 2018 witnessed tough trading conditions

Dubai’s residential sector in final quarter of 2018 witnessed tough trading conditions

11th January 2019

According to *Tradearabia news report, Dubai’s residential sector in the final quarter of 2018 witnessed a continuation of the tough trading conditions experienced in the third quarter, however, due to increased affordability, completed unit transactions saw a 22 per cent increase in volumes over Q3 and an overall seven per cent uplift across 2018, according to leading international real estate services firm, Chestertons.[..]

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