Musahama

Musahama is a form of real estate collective investment scheme that was historically implemented informally and subsequently banned in Saudi Arabia just before the advent of the Real Estate Investment Fund Regulations. However, earlier this year, the Real Estate General Authority (REGA) issued the new Musahama Law and its implementing...

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The Saudi real estate industry is big enough for everyone.

The real estate market in Saudi Arabia is currently experiencing significant growth and transformation. Fueled by Saudi Arabia's Vision 2030 initiative aimed at diversifying the economy from oil dependency, the country's GDP is projected to reach SAR 11.6 trillion (USD 3 trillion) by 2030. In 2024 alone, the real estate...

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Middle East Branded Residences | Brand Engagement & Contract Negotiations

The Middle East has rapidly become a global hotspot for branded residential activity. Dubai remains the most active market globally, while Saudi Arabia added 65% to its branded residential development pipeline between 2022 and 2023. According to the most recent data published by Savills on branded residences, the total number of...

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Snapshot: Real estate in Iraq – a closer look into the opportunities and challenges

With a history of political instability and security concerns, Iraq has long been seen as a no-go for real estate investors and developers alike. However, there has been a significant shift in the Iraqi real estate market in recent years, and in this article, we will take a closer look at the reasons behind it.

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Foreign Ownership of Real Estate in Makkah and Madinah – Recent Developments in the Kingdom of Saudi Arabia