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Khaled Barasheed

Khaled Barasheed latest

Many property owners were forced to reduce their rents to attract clients and ensure liquidity. Market analysts expect further falls in prices in the coming months. (Shutterstock)
July 11th, 2018 - 09:45 GMT

Real Estate Market Suffers in Saudi Arabia Due to the Exodus of Expats

The exodus of expatriate workers from Saudi Arabia has negatively affected the country’s real estate sector with a considerable fall in rent prices.
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Experts are of the view that the new expat tax will bring down housing rents in Saudi Arabia by 10 to 20 percent. (File photo)
August 7th, 2017 - 01:44 GMT

More Jobs, Lower Rents with Saudi Arabia's New Expat Tax: Analysts

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