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Mar 20 2012

Saudi Arabia real estate index mixed in certain areas

RIYADH - The real estate index has registered a rise in Riyadh, Al-Qateef and Hafr Al-Batin and a drop in Madina and Dammam, the Ministry of Justice said Wednesday in its weekly report.
The real estate index registered a 5.67 percent rise at the First Notary Public Office in Riyadh with and a total value exceeding SR1.9 billion. Meanwhile, the index registered a 26.04 percent rise in Al-Qateef Notary Public Office with a total value exceeding SR56.1 million.
The real estate index at the Notary Public Office in Hafr Al-Batin registered a 3.94 rise with a total value of SR33.7 million.
Meantime, the index at the First Notary Public Office in Dammam registered a 27.32 percent drop with a total value exceeding SR44.1 million. The index at the First Notary Public Office in Madina registered a 5.33 percent drop with a total value reaching SR323 million.

© The Saudi Gazette 2012

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