3.8 million residential contracts documented in the Ejar network

Ejar Network - Documentation of the rental contract

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During the workshop (Impact of Ejar Network on the Real Estate Rental Market) held within the activities of Restatex Jeddah Real Estate Exhibition, <a style="color: #ff6600;" href="https://amlak.net.sa/?

The Ejar program announced that contracts exceeded more than 4.5 million electronic leases documented in the electronic network for rental services, while the rental index recorded about 4 million rental transactions until the end of September, in 16 cities.

The rental index recorded about 4 million rental transactions until the end of September, in 16 cities. The Director of Senior Customer Relationship in "Ejar“, Abdulrahman Al-Sanan, confirmed that residential leases documented in ”Ejar“ exceeded 3.8 million contracts, while commercial leases reached more than 700 thousand contracts, indicating that such data achieves transparency and stimulates investment in the rental property sector in the Kingdom, and the service can be accessed in the ”Sakani“ platform, and explained that the ”Ejar“ program is an integrated electronic network that aims to organize the real estate rental sector in the Kingdom, and preserve the rights of the parties to the rental process (tenant, lessor and real estate broker).