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Specializing in the UAE and Saudi Arabia real estate markets
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About Us
TUMUH Real Estate Middle East Fund is a Cayman Islands based fund which is a registered Segregated Portfolio Company. With major focus on the UAE and Saudi Arabia real estate market. The team has an average experience of 20+ years in this industry handling several successful projects
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Why invest in KSA
Saudi Arabia, a powerhouse in the Middle East, presents a compelling investment landscape backed by robust economic indicators and government initiatives aimed at fostering growth and innovation.
01
Strong Economic Fundamentals
Debt to GDP Ratio: Ranked 3rd among G20 countries, Saudi Arabia showcases a commendable debt to GDP ratio, reflecting a stable economic foundation.
02
Foreign Investment Magnet
Attracting $5.4 billion in Foreign Direct Investment (FDI) in 2020, Saudi Arabia stands as a magnet for global investment, signifying international confidence in its economic potential.
03
Fiscal Prudence
With a substantial budget allocation of $264 billion for the fiscal year 2021, the Saudi government demonstrates a commitment to fiscal responsibility and economic development.
04
Diversification and Growth
Saudi Arabia experienced a remarkable 52.1% growth in non-oil exports in the second quarter of 2021, showcasing successful efforts in economic diversification.
05
Financial Credibility
In 2020, Moody’s bestowed Saudi Arabia with an A1 credit rating, underscoring its financial credibility on the global stage.
Government Initiatives Driving Real Estate
Saudi Arabia, under the Vision 2030 program, is transforming its real estate landscape, making it an attractive sector for investors.
Vision 2030 Transformations:
Non-Saudi Subscriptions: The government’s initiative allows non-Saudi subscriptions into real estate funds, opening up new avenues for investment.
Luxurious Developments and SEZs:
Development Focus: Luxurious and ultra-luxurious projects along the Red Sea coast, including NEOM and Riyadh Air, are part of the development strategy. Four Special Economic Zones (SEZs) are anticipated to boost demand for industrial and logistics space.
Investor-Friendly Policies:
VAT Waiver and Reduced Down Payments: Initiatives such as VAT waiver on real estate sales and reduced down payments from 30% to 5% foster a favorable environment for investors.
Digital Transformation:
Real Estate Apps: The government’s digitalization efforts, including apps like Ejar, Sakani, Nafath App, Sharakat program, Wafi program, and Roshnn home ownership schemes, streamline processes and enhance transparency in the real estate sector.
Regulatory Framework:
Regulatory Support: Establishing a regulatory framework for the housing sector and issuing programs like Mullak, Sharakat, and Etmam demonstrate the government’s commitment to fostering collaboration and transparency among stakeholders.
Major Deals and Projects:
Saudi Arabia’s strategic initiatives and a burgeoning portfolio of projects make it a compelling destination for investors seeking stability, innovation, and long-term growth prospects.
Backed by the PIF, the NEOM smart city project is a flagship venture aligning with Vision 2030.
Diriyah Gate, Jeddah Central Project, King Salman Park, King Abdullah Economic City, Sedrah Community, Misk Foundation City, Mall of Saudi, Salman Bay, and Jeddah Central are key projects driving economic growth and development in the region.
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