Episode 32-Building Trends: UAE & Saudi Real Estate Insights

Dubai's real estate has surged in the past decade, driven by its strategic location and luxury demand. Abu Dhabi is advancing, and even smaller emirates like Ras Al Khaimah are attracting attention with new projects.

Saudi Arabia is the major focus, with Vision 2030 transforming the real estate landscape through NEOM’s futuristic cities and ambitious homeownership goals.

In our 32nd episode, we spoke to Faisal Durrani, Partner, Head of Research at Knight Frank MENA, who brings over 15 years of global real estate expertise. 

In this episode, we touched on several topics including:

• Dubai, Abu Dhabi and RAK's real estate market
• Saudi Arabia's real estate sector
• ESG factors in the industry
• The outlook for global real estate

Email us: hassan@majlisandmarkets.com

Follow us on LinkedIn-https://lnkd.in/eXKNRVcF

Intro theme song-Arab and Muslim by StockMusic via Pixabay

Chapters

• 0:18 Intro
• 1:47 Beginning of discussion
• 2:17 Faisal's background
• 4:51 Dubai real estate market
• 7:20 Factors impacting Dubai's residential market
• 11:47 Buyers of Dubai property
• 15:03 Dubai's commercial market
• 18:15 Dubai Economic Agenda-D33
• 20:27 Abu Dhabi market
• 23:41 Buyers of Abu Dhabi property
• 24:04 Abu Dhabi's commercial market
• 24:47 Thoughts on RAK real estate
• 28:06 Why is real estate key to Saudi Vision 2030?
• 31:01 Riyadh's real estate market
• 33:15 Mecca and Medina
• 35:20 Challenges to Riyadh's infrastructure
• 38:11 Saudi's commercial real estate sector
• 40:27 How important is ESG in real estate?
• 44:58 Other risks facing real estate
• 50:46 Current and upcoming projects
• 51:41 Getting in touch; social media accounts