A research produced by
The Eastern Province conurbations of Damman, Khobar and Dharan do not currently benefit from a well defined CBD
As a result the majority of commercial development has been focussed along main roads, often with retail space on the ground floor.
Large amounts of stock are owner occupied, in a market that has not placed importance on Grade A stock, the majority of which is classed at Grade B by international standards.
Khobar benefits from better quality of stock in comparison to Dammam with the Corniche emerging as a focus for a number of multi storey commercial developments.
Source : Knight Frank
