8 thousand new real estate brokers in Ejar's network and daily contract documentation rates exceed 3500 contracts

Ejar Network - Documentation of the rental contract

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Ejar program issued a detailed statement revealing the total number of residential contracts documented during the year 2021, as the number of documented residential contracts reached more than one million contracts, while commercial contracts recorded about 261 thousand commercial contracts within the network, and the daily rates of rental contracts documented in the Ejar network exceeded 3500 contracts, and the total number of contracts reached 1.3 million rental contracts, achieving a record increase of 26% in residential and commercial contracts registered during the year 2020

During the past year, Ejar program carried out 13 workshops to educate 28 thousand accredited real estate brokers, and about 8 thousand real estate brokers joined the network, in order to enhance the role of regular real estate brokerage facilities in achieving the objectives of housing programs - one of the programs of the Saudi Vision 2030 - to promote the real estate rental sector, in addition to educating the beneficiaries of Ejar services and partnerships that reached 16 strategic partnerships, the latest of which was the partnership with the National Water Company to allow the transfer of the user account of the water meter in the name of the actual user of the real estate unit whose contracts are documented in Ejar network.

With the latest partnership with the National Water Company to allow the transfer of the user's account for the water meter in the name of the actual beneficiary of the real estate unit whose contracts are documented in Ejar network. The Ejar program aims to achieve the aspirations of the rental parties, upgrade the real estate rental sector, and contribute to creating a safe rental environment by increasing confidence in its financial and contractual transactions, facilitating its procedures, and diversifying its advanced electronic services.

The Ejar program aims to achieve the aspirations of the rental parties and upgrade the real estate rental sector. The electronic network for rental services allows the scheduling of rental payments (monthly, quarterly, semi-annually and annually), and can be set ascending, descending or through specific or flexible payments with a variety of payment channels, in addition to accommodating new types of properties and units (land, cashier, electricity station, telecommunications tower, driver's room, parking lots) and others.

The electronic network for rental services allows the scheduling of rental payments for monthly, quarterly, semi-annually and annually. The upgraded Ejar network offers many electronic advantages, most notably facilitating the registration of new contracts through easy and flexible steps, documenting contracts electronically through the Ejar network directly, adding the feature of automatic renewal of the commercial contract, charging the balance through mada service, and enabling beneficiaries to make partial payments and top up the balance easily and quickly.

The upgraded Ejar network offers many electronic advantages, most notably facilitating the mechanism of registering new contracts through easy and flexible steps, and documenting contracts electronically through the Ejar network directly.