Move comes as wealthy foreign buyers send neighbouring Dubai's real estate market to a level matching New York City and London combined

Foreign labourers work on the construction of new luxury houses in the Saudi capital of Riyadh, on 13 April 2019 (Fayez Nureldine/AFP)

Published date: 9 July 2025 21:55 BST

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Last update: 10 months 1 week ago