Saudi Arabia is an important territory for Dubai’s property market. According to a new survey released by Tebyan, 30% of property sales in the emirate are driven by Saudi investors.
The real estate developer was recently in the Kingdom to participate at Cityscape Jeddah. There, Tebyan showcased its latest project, Sparkle Towers at Dubai Marina.
“Based on recent reports, over 30% of property sales in Dubai are coming from Saudi investors, and this makes our focus on the Saudi market over the coming period a logical forward step,” said Tebyan Managing Director, Naji Alia. “In addition to our participation in Jeddah Cityscape, we’ve developed an integrated marketing plan which includes newspaper advertising, targeted kiosks, digital and social media as well as organising VIP dinner events in different cities in the Kingdom.”