Today we are talking about an important sector that touches most people's lives, which is the real estate development sector. About the journey of choosing land and its prices, construction prices, guarantees, financing, and investments. Our guest today is Haroun Al Rashid, CEO of Al Ramz Real Estate Development Company, who has experience in developing and selling more than 35 projects and more than 2,000 residential units, in addition to commercial units. Al Rashid says: The rise in real estate prices is not due to the real estate developer. The developer builds according to the needs of the market and the customer. Sometimes he even pays more for the property than he makes a profit from it because market prices have dropped, so he is forced to lower prices. Is reducing the size of apartments and villas a need or greed on the part of merchants? What about selling off-plan before building the property, is it profitable? What are the biggest challenges facing the real estate developer? Which is better: a real estate developer or building the house yourself? - • Download the "Radio 8" app. https://thmanyah.link/radio-swalif • New Eight: An investigative journey with Thamud, starting from a confusing question to reaching the answer in a podcast Hyperlink: https://thmanyah.link/fkeu • «BSF» Innovative solutions for all your financial needs: https://thmanyah.link/BSF • Your coffee project? Don't worry about training the team, choosing coffee equipment, and providing coffee. «Khatwat Jamal» is your partner in success in building and operating your project. Visit our website, start with a step: https://thmanyah.link/ti4 and share your experience with us through our interactive platforms. Al-Mousa Rehabilitation Hospital, an integrated health oasis in the heart of Al-Ahsa https://thmanyah.link/rehb Episode topics: (00:00) The beginning (01:50) The story of the name Harun al-Rashid (04:23) What is real estate development (17:04) Off-plan sales (19:16) Stages of real estate development work (40:30) Real estate marketing (50:00) Prices and costs (52:48) Challenges in real estate development (55:19) Competition between real estate developers (58:00) Why was the company's offering canceled (1:01:51) The future of real estate in Saudi Arabia Links: Harun al-Rashid's LinkedIn account / haroon-al-rasheed-87699511b Mashhour Al-Dubyan's account on X / dubayan Eight on Radio Eight: https://thmanyah.link/i0qw Eight website: https://thmanyah.link/fa44da Eight Radio: https://thmanyah.link/af2741 Eight on Twitter: /thmanyah Eight on Instagram: /thmanyah Eight on TikTok: /thmanyah Eight on Facebook: /thmanyah