Browsing: Dubai challenge

Riyadh is emerging as a major global player in real estate, challenging Dubai’s long-held dominance. This transformation is powered by Riyadh’s cost advantage over Dubai and the Saudi government’s initiatives to entice international investors with financial incentives, as revealed in a recent industry report. Additionally, a significant pool of potential domestic investors, estimated at 37 million, and the growing number of international investors are further fuelling Riyadh’s rise in the real estate sector.