1 May 2011|
SR Estates embarks on the sales of the Royal Clock Tower, Abraj al-Bait, Makkah, allowing Muslims from Malaysia to own property there.
12 Apr 2011
SR Estates quoted today that the year 2011 is a marking of a new property investment era in Makkah and Madinah, they continue to boom, despite the global financial crisis hitting most real estate markets around the world.
Investment in the Holy Land
Real estate investment in Makkah and Madinah accounts for 40% of total real estate investments in the Kingdom, reflected in land prices in the Holy Cities being the most expensive in the world at between $70,000 and $110,000 per square metre, hitting $133,000 per square metre in Makkah in 2010.