Sarah Hamouda

Saudi Arabia has imposed a five-year freeze on residential and commercial rent increases in Riyadh. All existing and new contracts are covered, and vacant units must keep their last recorded rent value. Violations can trigger fines of up to 12 months’ rent, with whistleblowers entitled to 20% of collected penalties.

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Saudi Arabia announces 5 year rental freeze in Riyadh, if this move is implemented across KSA, this would be one decision that will go into the history books. This will be a game changer amidst Vision 2030 where real estate investment is the key and such reform may hurt investors sentiments. Tenant Perspective: - Guaranteed rent stability with no increase for five years, easing financial planning and reducing housing stress. - Automatic lease renewals unless specific justified reasons arise, providing long-term housing security. - Increased transparency and protection due to mandatory electronic lease registration and clear objection processes. - Potential compensation and legal recourse in case of landlord violations, enhancing tenant rights. Investor Sentiment: - Rental income growth capped for five years, limiting profitability and possibly reducing investment appeal. - Limited flexibility to adjust rents in response to market changes, affecting property valuation and returns. - Potential challenges in property maintenance incentives due to fixed rental revenues. - Increased regulatory oversight may introduce complexity and higher compliance costs. Government View: - A strategic move to stabilize the rental market and curb inflationary pressures on housing costs. - Aims to balance interests of tenants and landlords, promoting fairness and transparency. - Supports sustainable urban development and improved quality of life in Riyadh. - Establishes a regulated environment to monitor and adjust policies based on market performance and compliance. This is a super bold step from crown prince MBS 🚀 #SaudiArabia #Riyadh #UAE #GCC #Expats #SaudiVision2030 #Rent

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RAKBANK Integrates Crypto Trading for Retail Clients via Bitpanda RAKBANK, one of the UAE’s leading financial institutions with total assets reaching approximately AED 95 billion as of June 2025 (up from AED 88.3B at the end of 2024), has officially entered the digital asset space. In a strategic move to support the country’s growing crypto adoption, the bank now enables retail customers to buy, sell, and hold Bitcoin and other cryptocurrencies through an integration with Bitpanda, a regulated European digital asset platform. This development reflects the UAE’s broader push toward becoming a global hub for blockchain and digital finance, offering more accessibility and legitimacy to crypto investments for everyday users.

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Record‐breaking figures in Dubai real estate — AED 17B in value, more than 5,000 sales in a single week. A clear signal of transformative growth and high demand. Full article on: https://lnkd.in/deSYSynE

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Dubai’s Top Selling Projects - FY 2025 Q1 As per the latest data from the Dubai Land Department and Square Yards Data Intelligence, MAG Keturah Reserve led the market with sales worth AED 1,322 million. It was followed by Nakheel Bay Grove Residences (AED 1,209M), Sobha Solis (AED 870M) and H And H Dubai Harbour Residences (AED 809M). In terms of transaction volume, Binghatti Elite topped the list with 714 sold units. It was followed by Sobha Solis (704 units), Azizi Venice (558 units) and Sobha Orbis (551 units). Meraas Bulgari Lighthouse emerged as the most expensive project at AED 12,750 per sq.ft. while Blue Haven Eome recorded the highest valued transaction at AED 300M. Dubai’s FY Q1 2025 showcased robust investor appetite. For exclusive market insights, visit our Data Intelligence platform today: http://bit.ly/4lX6kFC #SquareYards #SquareYardsUAE #DubaiRealEstate #UAEPropertyMarket #DubaiDevelopers #Dubai #UAE

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The UAE real estate sector is expected to reach $759 billion by 2029, fueled by a surge in property sales in Dubai, which saw AED 153.7 billion in transactions during the second quarter. This growth is complemented by an upswing in Abu Dhabi's real estate market and strong demand for off-plan and luxury homes.

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