By Wednesday, June 15, 2022, the White Lands enters a new and decisive phase; being the last date for registration of lands located within the city's defined scope, whether in its first or second phase, and resulting in violations up to 100% of the value of the fee.

The imposition of fees on white lands came not with the aim of imposing financial fines on violators or inflicting damage on them, but came to free the monopoly from the grip of traders and speculators and monetize them to increase the supply of developed lands to achieve a balance between supply and demand, provide residential lands at appropriate prices, as well as protect fair competition and combat monopoly, these objectives are not for consumption or formulating preconceived justifications to pass the decision and approve the program, but a fact that has become clear to those following the real estate sector and those dealing with it.

These objectives were set not for consumption or formulating preconceived justifications to pass the decision and approve the program. <The figures and statistics in the first phase indicate that more than 2 billion riyals from the fees were spent on the infrastructure of more than 80 projects, which certainly falls within the framework of the state's interest in harnessing resources to improve the life of the citizen now and in the future, and the number of families benefiting from the results of the white land program The number of families benefiting from the results of the white land program reached more than 185 thousand families, while the registered lands reached 500 million square meters, and the developed and traded lands reached 102 million square meters, these figures only when the first phase was applied in Riyadh, Jeddah, Makkah and Dammam metropolitan area; so the program seeks to achieve its strategic goals.

It is expected that the program will register more than 20 million m2 of developed lands in Riyadh from the lands that the program has identified and whose owners have not registered, in integration with the secretariats and the Ministry of Justice, and according to sources, these monitored lands will provide more than 60 thousand plots of land with an average area of 350 m2, each plot may include more than one housing unit.

These figures are from when the first phase was implemented in each of Riyadh, Jeddah, Makkah, Makkah and Dammam metropolitan areas. We hope that the coming period will witness great gains for the real estate sector by making strong alliances that pump more land and housing units; to make a qualitative leap in the supply at reasonable prices.

We hope that the coming period will witness great gains for the real estate sector by making strong alliances that work to pump more land and housing units.