Friday, February 2, 2018

Foreigners bought $524 million in properties. Arabs top buyers list


Foreigners from 58 nationalities bought 1,364 real estate properties, worth $524 million in 2017, according to figures from the Real Estate Registry. The figures are of similar value to 2016. They represent two percent in number, and five percent in value, of the total number of transactions during the year.

The top five nationalities that purchased property in the local market are: Saudi Arabian ($109 million), Syrian ($83 million), Kuwaiti ($19 million), Qatari ($14 million), and Jordan...

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