What's at Stake this week? | November 18, 2024
Big moves, big players, and even bigger insights. Let’s dive into real estate in KSA and Dubai!
?? Market Watch: KSA
Global investors pour billions into Saudi Arabia—Find out why! ??
Saudi Arabia’s real estate market is experiencing consistent growth, marking a 15th consecutive quarterly rise in property prices as of Q3 2024 ??
Recent data from the General Authority for Statistics (GASTAT) reveals that real estate prices in the Kingdom rose by 2.6% year-on-year, with residential properties increasing by 1.6% and commercial property values jumping by 6.4% ??
What’s fueling this growth?
??Population Boom: With an annual population increase of around 2%, Saudi Arabia’s cities are expanding quickly, adding to the demand for housing and commercial spaces
????Vision 2030 Initiatives: Government efforts to raise homeownership rates to 70% by 2030 are creating new opportunities for both local and international investors
?? Global investors are taking action ??
These efforts are not going unnoticed, as early 2024 data highlights strong foreign investment in Saudi Arabia, with top investors from the following countries pouring billions into the Kingdom:
What does this mean? With Vision 2030 boosting growth in real estate and more, Saudi Arabia is on track to become a powerhouse economy and an investment hub that's hard to ignore ??
??Stake Section
Former bank exec who drove 12-fold growth now heads Stake in KSA
We are delighted to announce the appointment of Ms. Hanouf Abdulelah Bin Saeed as our new General Manager for Stake, KSA ????
领英推荐
An accomplished leader embodying the spirit of Vision 2030, Hanouf is on a mission to make real estate investing effortless and rewarding for everyone in the Kingdom ??
Growing Riyad Bank's portfolio by over 1,100% in under five years, along with a deep understanding of the Saudi financial landscape, makes her a valuable addition and a perfect fit for Stake ??
"My ambition knows no bounds, and I aspire to be a leading and inspiring woman in alignment with the Kingdom's Vision. I aim to be a role model for many Saudis, encouraging them to embrace challenges and seize opportunities." — Hanouf Bin Saeed
??Strategize With Stake
Stake investors: You're becoming major players in Dubai real estate! ???
Back in Dubai with HUGE news ??
?? We've just hit AED 500 million in property transactions!
This milestone means you now hold substantial ownership across Dubai’s prime real estate market.
And to continue fulfilling our promise of making real estate accessible and rewarding, we’re excited to introduce our latest feature just for you:
?? AutoInvest: The effortless way to build wealth in real estate!
We're proud to be the first digital fractionalized real estate platform in the GCC to launch AutoInvest, a feature designed to help you grow your portfolio with zero hassle.?
With AutoInvest, you can diversify across prime Dubai properties automatically, starting with as little as AED 500.?
Set it, forget it, and let your portfolio grow effortlessly! ?? Discover more on AutoInvest?
Thank you for being at the heart of our success ??