FINANCIAL NEWS

Saudi real estate transactions reach USD2.37 b in 1434H

21 Nov 2013

(MENAFN) Generated commissions by property brokers reached USD2.37 billion from real estate transactions during the Hijri year 1434, according to Arab News.

Property transactions among 15 cities in Saudi were valued at USD94.91 billion in the current year.

Riyadh ranked first in real estate revenues with about USD661 million, followed by Jeddah with USD602 million, while Makkah ranked third with USD410 million.

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