Saudi city rental yields top the Gulf as demand surges

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Saudi city rental yields top the Gulf as demand surges

Yields up more than 10% in Q4 Rents still low for region Property demand rising One-bedroom apartments in Saudi Arabia’s West Riyadh and North Jeddah now command the highest rental yields across the Gulf as demand for housing in the largest Arab economy surges. Although rents in Saudi Arabia are still relatively low compared with other countries in the region, they nonetheless grew by more than 10 percent last year. The cost of renting an apartm…