JLL

The emirate rose eight places to 33rd globally as ADREC sets ambition to place Abu Dhabi among the world’s 25 most transparent real estate markets by 2030

Occupancy levels exceed 90 per cent across Riyadh, Jeddah, and the Dammam Metropolitan Area (DMA), the JLL report said

In Abu Dhabi, secondary market transactions fell by approximately 18.1 per cent, although overall sales activity remained positive on an annual basis, driven by strong demand for off-plan properties

JLL said the enhanced offering provides clients with a single point of contact across their real estate portfolios

Dubai property’s sector saw off-plan sales increase 9.5 per cent year-on-year, while secondary market sales fell 8.2 per cent, JLL said

The appointment also complements JLL’s existing relationship with the Public Investment Fund (PIF) of Saudi Arabia through its ownership stake in Saudi Facilities Management Company (FMTECH)