The Saudi real estate market is driven by good demographic fundamentals, with a large local population and a growing middle class. Currently there is a shortage of housing, but the sector is expected to build tremendously across the Kingdom as the population continues to grow and higher salaries and better financial means are allowing people to lease/own residential properties. AIMS Real Estate has brought in experts onboard to insure that the real estate section at AIMS evolves alongside the nationwide tangible growth. A need of about 1 million housing units by 2020 is anticipated. AIMS has made it its soul goal to provide the Saudi community with the most luxurious housings available in the market with the most competitive prices bearing in mind that a house is never “home” unless it propels the feeling of belonging. AIMS Real Estates wants the people to feel at home in the sanctuary of their houses. Its main aim is to insure that every single resident is provided with a decent roof. Despite pressures, the real estate sector is attractive and shows promising long-term benefit.
Residencies will be built all across the Kingdoms to fulfill demands. AIMS Real Estates is and will be leading this sector in a way to display case its Islamic values, its honest pledges of serving everyone equally, and the paramount transparency in a segment known for its unsteady state, especially during times of crisis. The portfolio that AIMS holds will be extended and expanded to encompass 3 new brands drenched in world class quality and standards providing the group a 10% growth margin starting 2015.