Abdulrahman Aldhyem, CEO ofLiwan Real Estate Development Co.
Liwan Real Estate Development Co.’s CEO Abdulrahman Aldhyem stated that the real estate market is witnessing rapid development, opening major opportunities for developers along with parallel challenges to deliver high-quality projects at competitive prices and reasonable costs, which requires building alliances and attracting expertise aligned with the objectives of Saudi Vision 2030. 
He added in an interview with Argaam on the sidelines of Cityscape 2025 that the decision to halt annual increases on rental spaces is a regulatory step that contributes to enhancing confidence in the real estate market.
He said that stabilizing rent increases limits excessive price hikes by landlords seeking to maximize returns and helps achieve a reasonable level of price stability, serving the interests of both landlords and tenants and enhancing the quality of services within leased assets.
He also noted that the white land fees are an important tool for achieving balance in the market, pointing out that in previous periods land prices rose while large undeveloped areas remained idle, which effectively froze wealth and hindered its economic role.
He confirmed that these fees motivate landowners to develop their properties and launch quality projects that enhance the balance between supply and demand and meet Riyadh’s future needs, noting that developers view this as an opportunity to enter development partnerships with landowners.
Abdulrahman Aldhyem, CEO ofLiwan Real Estate Development Co.
Liwan Real Estate Development Co.’s CEO Abdulrahman Aldhyem stated that the real estate market is witnessing rapid development, opening major opportunities for developers along with parallel challenges to deliver high-quality projects at competitive prices and reasonable costs, which requires building alliances and attracting expertise aligned with the objectives of Saudi Vision 2030.
He added in an interview with Argaam on the sidelines of Cityscape 2025 that the decision to halt annual increases on rental spaces is a regulatory step that contributes to enhancing confidence in the real estate market.
He said that stabilizing rent increases limits excessive price hikes by landlords seeking to maximize returns and helps achieve a reasonable level of price stability, serving the interests of both landlords and tenants and enhancing the quality of services within leased assets.
He also noted that the white land fees are an important tool for achieving balance in the market, pointing out that in previous periods land prices rose while large undeveloped areas remained idle, which effectively froze wealth and hindered its economic role.
He confirmed that these fees motivate landowners to develop their properties and launch quality projects that enhance the balance between supply and demand and meet Riyadh’s future needs, noting that developers view this as an opportunity to enter development partnerships with landowners.
