Media Features

How the global media is surveying Alpha1Estates™:

25 January 2026: Global real estate advisory firm Alpha1Estates said on January 25/6 Shaban that the real estate ecosystem for Makkah and Madinah is set to hit a quarter of a century high-inflection point in the first quarter of 2026, starting with foreign real estate ownership becoming legal as of January 22 followed by a key set of sector-enhancing initiatives being introduced by Saudi Arabia – includes the launch of the Ihsan al-Haramain Overview 2025 – The Year in Review of the Real Estate Ecosystem of the Holy Cities, and for Saudi Arabia’s Real Estate General Authority (REGA) Updated Law of Real Estate Ownership by Non-Saudis, its Law Features as well as Questions and Answers, and a direct link to the Saudi Properties platform on the REGA portal.

5 January 2025 – Global real estate advisory Alpha1Estates said on January 5, 2025 / Rajab 5, 1446 that its real estate index for Makkah and Madinah had soared by 34% in 2024, compared to a rise of 6.7% in 2023, boosted by news of the Kingdom’s preparations to open the real sector globally.

29 February 2024 – Global real estate advisory firm Alpha1Estates said on February 29, 2024 / Shaban 19, 1445, that its real estate index for Makkah and Madinah had risen by 6.7% in 2023, compared to a fall of 21.5% in 2022, boosted by 13.5 million Umrah pilgrims visiting the Holy Cities constituting the largest influx of pilgrims ever.

9 January 2023 – Global real estate advisory firm Alpha1Estates said on January 9 2023 . Jumada II 16, 1443,  that its real estate index for Makkah and Madinah had fallen by 21.5% in 2022, compared to a jump of 12.9% in 2021, impacted by downturns in the global economy, central bank interest rate hikes affecting indebtedness and a continuing recovery in pre-pandemic levels of overseas pilgrims to the Holy Cities.

20 January 2022 – Global real estate advisory firm Alpha1Estates™ said on January 20 2021 / Jumada II 17, 1443 that its real estate index for Makkah and Madinah had jumped by 12.9% in 2021, compared to a fall of 7.6% in 2020, as the recovery from the COVID-19 pandemic continues with global travel to the Holy Cities up, but with relevant restrictions.

4 October 2021 – Global real estate advisory firm Alpha1Estates™ said on October 4, 2021 / Safar 27, 1443, that its latest report that the Middle East’s top real estate institutional investors are on a global spending spree with increased asset diversification, accelerating in the post-COVID 19 period.

4 February 2021 – Global real estate advisory firm Alpha1Estates™ said on February 4, 2021 / Jumada II 22, 1442 that its real estate index for Makkah and Madinah had fallen by 7.6% in 2020, as the COVID-19 pandemic and global lockdown brought travel to the Holy Cities to a standstill.

15 March 2020: Global real estate advisory firm Alpha1Estates™ said on March 15, 2020 / Rajab 21, 1441 that its real estate index for Makkah and Madinah had fallen by nearly 4% in 2019, whilst the Kingdom’s REITs (real estate investment trusts) were buoyant, gaining at nearly 16% over the year, with a REIT focused on the Holy Cities up nearly 9%.

7 February 2019: Alpha1Estates™ said on 7 February 2019 / 2 Jumada Al-Thani 1440 that its real estate index for Makkah and Madinah had fallen by 18% in 2018, reflecting a slowdown in the Kingdom’s real estate sector, driven by commercial, economic and wider structural issues.

30 January 2018: Alpha1Estates™ said on 30 January 2018 / 12 Jumada Al-Awwal 1439 that its real estate index for Makkah and Madinah had fallen by 14% in 2017, based on Saudi Arabia’s first year of implementing its reform agenda with Vision 2030 and the National Transformation Plan 2020 (NTP).

8 February 2017: Alpha1Estates™ said on February 8, 2017 /10 Jumada Al-Awwal 1438 that its real estate index for Makkah and Madinah had risen by 9% in 2016, in a year in which Saudi Arabia launched its reform agenda with Vision 2030 and the National Transformation Plan 2020 (NTP).

17 January 2016: Alpha1Estates™ said on January 17, 2016 / 7 Rabi al-Akhir 1437 that its real estate index for Makkah and Madinah had risen by 7% in 2015, its lowest rise in five years, in a year of immense change for the Kingdom, with the death of the Custodian of the Two Holy Mosques King Abdullah and accession of King Salman bin Abdulaziz Al-Saud.

5 January 2015: Alpha1Estates™ said on January 5, 2014, and in the new Islamic year of 1436, that its real estate index for Makkah and Madinah had risen by 23% in 2014, despite the Saudi monarch’s illness from pneumonia and the biggest global oil price drop of the past six years.

4 January 2014 – Alpha1Estates™ said on January 4, 2014, and in the new Islamic year of 1435, that its real estate index for Makkah and Madinah grew near doubled in 2013, reflecting the current boom in the Holy Cities for developers and their investors.

5 December 2013: Mr Talal Malik Al-Alawi, Chairman of Alpha1Estates™ and its parent company, Alpha1Corp, gives his first interview on behalf of Alpha1Corp to Xinhua, China’s official state news agency on the topic of the politics, economic and society of the modern Middle East.

4 January 2013 – Alpha1Estates™ said on January 4, 2013, and in the new Islamic year of 1434, that its real estate index for Makkah and Madinah grew by over 26% in 2012, reflecting the current boom in the Holy Cities for developers and their investors.

20 July 2012 – Alpha1Estates™ said on July 20 and in the holy month of Ramadan that it has signed a Memorandum of Understanding with leading US real estate advisory firm Cotton & Company to share expertise and experience in their respective markets.

1 January 2012 – Alpha1Estates™ states that new real estate, regulatory, immigration, business and finance legislation is required for the real estate sector in the Holy Cities of Makkah and Madinah to achieve its true potential.

1 January 2011 – Alpha1Estates™ states that the new decade can usher in a maturing phase of the real estate sector of Makkah and Madinah, leading to a lucrative boom in the Holy Cities.

1 January 2010 – International, regional and national news media covers the announcements of Alpha1Estates™ launch of Al-Tilal Villas, Madinah and Royal Clock Tower, Makkah.

1, January 2009 – International, regional and national news media covers the perspective of Alpha1Estates™ regarding the impact of the global financial crisis on the real estate sector in Makkah and Madinah.

1 January 2008 –International, regional and national news media covers the announcement of Alpha1Estates™ plans to establish the world’s first property fund for the Holy Cities of Makkah and Madinah. In English, premier news outlets covering the launch included AmeinfoZawya Dow JonesArabian BusinessMiddle East Financial NewsTrade Arabia and al-Bawaba. In Arabic, premier news outlets covering the launch included al-Eqtisadiah and market newswires and research reports picking up the story included ThomsonMazaya Index and Noor Investments.

14 January 2007 – The Arab World’s leading newspaper al-Hayat Newspaper on Alpha1Estates™ launch of Ihsan al-Haramain

2 January 2007 – Alpha1Estates™ launch of its Ihsan al-Haramain Consultancy Programme features on AmeInfo. Read more

1 January 2007 – Alpha1Estates™ launch of its Ihsan al-Haramain Consultancy Programme leading Middle Eastern business website, Zawya Dow Jones.

1 January 2007 – Alpha1Estates™ launch Ihsan al-Haramain Consultancy Programme, the first bespoke consultancy programme for real estate investment in Makkah and Madinah. Read more

15 November 2006 – Pakistan’s leading Dawn newspaper on Alpha1Estates™ projects in a full-page interview with Alpha1Estates International’s management. Read more

15 November 2006 – Turkey ‘s leading Hurriyet newspaper on Alpha1Estates™ projects in a full-page interview with Alpha1Estates International’s management. Read more

14 November 2006 – UK ‘s The Guardian on Alpha1Estates™ projects in a full-page interview with Alpha1Estates International’s management. Read more

March 2006 – Alpha1Estates™ featured in global business magazine, Saudi Business Focus. Read more

January-February 2006 – Alpha1Estates™ features for two months in the Top Business Websites for AmeInfo’s Business Index, which is automatically generated every 24 hours as a compilation of the twenty-five most popular Middle East business websites visited by AME Info users each month. Read more

21 January 2006 – Alpha1Estates™ management leads front-page interview feature on Saudi Arabia ‘s real estate market with leading Middle East business titles ArabianBusiness.com, ITP Business and Construction Week in ‘Saudi’s real estate market must move with the times ‘ Read more

7 January 2006 – Alpha1Estates™ launch featured in Emirates Today on “Makkah Property on Sale to non-Saudis’. Read more

6 January 2006 – Alpha1Estates™ launch features on leading Middle Eastern business website, Zawya Dow Jones. Read more

6 January 2006 – Alpha1Estates™ launch features in The Bahrain Tribune, the leading newspaper for Bahrain. Read more

5 January 2006 – Alpha1Estates™ launch featured in Dubai Times on ‘Alpha1Estates Unveils Property in Islamic Holy Cities.’ Read more

5 January 2006 – Alpha1Estates™ launch features on leading Middle Eastern business website, AmeInfo, and headlines news ticker-tape in Dubai Media City. Read more

1 January 2006 – Alpha1Estates™ becomes the first company to allow Muslims worldwide to buy property in the Islamic Holy Cities of Makkah and Madinah in unique projects in the most sacred, most exclusive and most expensive land in the world. Read more

26 December 2005 – Alpha1Estates™ officially launches on international television in a 90-minute prime time presentation of its operations. Alpha1Estates International’s management discuss properties in Makkah and Madinah on British-based television station Islam Channel. The programme also features the first international televised presentations of ZamZam Tower , Makkah, Taiba Eastern Tower , Madinah and the King Abdul Aziz Endowment – Abraj al-Bait, Makkah. Read more