Saudi Arabia’s recent move to allow non Saudis to own property in Makkah is due to boost foreign demand in Makkah, according to Masar CIO Tariq Sharaf.
Sharaf highlighted a strong interest from foreign investors with hopes of Masar Destination to be included in designated zones.
Located close to the Haramain Rail Station and Al Haram, Masar Makkah has attracted over SAR 38 billion in investments and is fully infrastructure ready with multiple plans underway.