Housing Economy
Latest news, analysis, and updates on Housing Economy from A47 News.
2 stories in Economy · Updated live
Dubai Revamps Property Visa Regulations to Attract Foreign Investors
Dubai has removed the minimum property value requirement for solo investor visas and set a new threshold for joint ownership. This change is part of Dubai's strategy to enhance its appeal to foreign investors and stimulate the real estate market. The long-term implication is a potential surge in property investments, contributing to the overall economic growth of the region.
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Dubai Revamps Property Visa Regulations to Attract Foreign Investors
Dubai has removed the minimum property value requirement for solo investor visas and set a new threshold for joint ownership. This change is part of Dubai's strategy to enhance its appeal to foreign investors and stimulate the real estate market. The long-term implication is a potential surge in property investments, contributing to the overall economic growth of the region.
Saudi Real Estate Refinance Company acquires 3 billion Riyal mortgage portfolio from Al Rajhi Bank
The Saudi Real Estate Refinance Company has signed an agreement to purchase a residential mortgage portfolio valued at 3 billion Saudi Riyals from Al Rajhi Bank. This move is aimed at enhancing liquidity in the housing finance market and providing flexible financing solutions for Saudi families. The long-term implication is a potential increase in investments in the housing sector, improving access to home financing for many families in Saudi Arabia.