According to Al-Sharq Al-Awsat newspaper, the Saudi Ministry of Justice reported that SR 932 million ($248 million) worth of real estate deals was executed in Riyadh and Dammam cities last week.
The same source added that SR 853 million ($227.4 million) worth of real estate transactions were executed in Riyadh last week, a 35% withdrawal compared with the previous week. In Dammam, SR 79 million ($21 million) worth of real estate trade transactions were executed last week, a 19% rise compared with the previous week. It also reported that 185 real estate transactions were executed in Dammam last week, a 0.54% withdrawal.