(MENAFN) Riyadh's real estate transactions reached USD19.45 billion, ranking first city in transactions in the Kingdom, according to Arab News.
The capital's real estate sector had a significant effect on the Kingdom's economy as index of commercial deals closed at USD 19.45 billion by the end of 1434H compared to USD17.10 billion a year earlier.
Jeddah ranked second with over USD9.94 billion of residential transactions and USD7.84 billion commercial transactions, representing 40,132 deals and over 90m2 of real estate area.
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