Real estate traces all the way back to the early 1800s
Real estate has withstood the test of time, it survived global events such as wars and pandemics and is still going strong till this day. Unlike cryptocurrency, which is extremely volatile and its prices go up and down daily by the thousands, real estate rarely sees any huge pumps or dumps in price and it also follows a foreseeable chart in which prices can be estimated fairly accurately, unless great economic crisis such as the 2008 housing crisis takes place which throws all calculations out the window.
Low Emission Glass
It is estimated that between 10% and 50% of a home’s energy loss happens through its windows and doors, with 90% of energy loss occurring through the glass itself. This is an obviously significant amount of energy to waste via such a tiny section of your home’s design. In an attempt to alter this, the […]
Reasons why purchasing a car is a bad investment
3 reasons why purchasing a car is a bad investment. Reason 1: Cars are depreciating assets, meaning they lose value over time, and this is especially noticeable for new cars, where they lose up to 10% once you drive off the lot and another 10-15% over the first year alone. To put that into perspective, purchasing […]
Jordan’s Dynamic Effect on Real Estate
Residential rental prices in Amman increased by an average of 1% in the fourth quarter of 2016, according to regional real estate consultant Asteco. This resulted in a 3% year-on-year (y-o-y) increase. Areas with a higher concentration of high-end property had the largest gains, with Abdoun and Deir Ghbar both seeing a 6% year-on-year rise […]
Jordan’s Laws and Their Effect on Real Estate
“Over the last two decades, the contribution of land value to the price of a residential unit in the JD100,000 ($141,000) price range has risen to between 50-60 percent,” Zuhair Al Omari, head of the JHDA, told OBG. Additionally, zoning and planning laws have imposed constraints on the use of property in the capital. A […]
What is “Rent to Own”
Many small businesses rent office space or retail floor space to accommodate their services, but they can also own real estate as an alternative to renting. The “rent to own” or “rent to buy” form of real estate finance allows a buyer to rent a property before purchasing it. Rent-to-own or lease-to-own is a method […]
Jordan’s Statistics and Population Distribution
Jordan’s real estate industry, centered in the capital Amman, was relatively steady in 2016-17. Rents and sales prices increased little in the residential sector, but commercial rents and sales prices decreased somewhat. Much of this was due to the greater growth and quick expansion of recent years, which resulted in a plentiful supply of real […]
Jordan’s Increasing Demand for Real Estate and the Expansion of Affordable Alternatives
Despite the challenges, there have been some significant recent advances in Amman’s real estate market. The first is the $5 billion Abdali Project, which will include hotels, residential, business, and retail space. The 227,000-square-kilometer Abdali Mall, which received the Cityscape Global 2016 emerging markets awards for best constructed retail project, opened in May 2016 as […]
How we Choose our Locations and Why
When we decide to build a new complex we destemmed many factors, but in real estate the first thing to think about is location. There are some factors we pay attention to, like where we choose to build any building. There’s a list of what we look for in a building site location: Grid […]
Interview with Eng. Ismail Al-Saudi, COO of Al-Saudi Group
Meet Eng. Ismail Al-Saudi, chief operating officer of Al-Saudi Group, holds a Bachelor’s degree in Civil Engineering and a Master’s in Business Administration. Worked for the family company and found his passion in this field He had a clear contribution to the development of the company and the development of new aspects accompanying the world […]