Shafaqna English- High-net-worth Muslim individuals plan to invest $2 billion in Mecca and Medina properties, a recent survey indicated.
The survey was conducted by Knight Frank, a global property consultancy, and published in the firm’s inaugural Destination Saudi report.
It found that among the individuals interviewed, a whopping 92 percent HNWI are planning to acquire branded residential units in one of the two holy cities— Mecca and Medina.
Source: Arab News