Majid Al-Hogail Minister of Municipal, Rural Affairs, and Housing and Chairman of the Board of Directors of the National Company for Real Estate Registration Services (Real Estate Registry), the aerial survey of the real estate registry in all neighborhoods of Riyadh, as part of the company’s ongoing efforts in real estate registration.
During the launch ceremony, held at Al-Thumama Airport in Riyadh and attended by the CEO of the General Real Estate Authority, Engineer Abdullah Al-Hammad, and the CEO of the Real Estate Registry Company, Dr. Muhammad Al-Suleiman, a demonstration of the modern technologies used in geospatial operations for real estate registration through aerial surveys using manned aircraft and drones, with a horizontal accuracy of no more than a few centimeters for the corners of land parcels and buildings.
The CEO of “Real Estate Registry,“ explained that this step is part of the company’s preparations to complete registration processes in all neighborhoods of Riyadh, where geospatial surveying serves as the cornerstone for establishing the real estate registry, and for producing a reliable and up-to-date real estate map—the first of its kind in the Kingdom—covering an area of more than 100,000 km² within the urban area, with targets exceeding 7 million parcels and a data volume of more than 1 petabyte.
Dr. Al-Suleiman noted that the Real Estate Registry relies on the latest globally used technologies for its geospatial operations, including manned aircraft, unmanned aerial vehicles (UAVs), digital geospatial systems and solutions, remote sensing technologies, artificial intelligence, and satellite-based positioning using the Global Positioning System (GPS). All of these technologies will enhance reliability and transparency, contribute to the sustainability of the real estate sector, and boost its investment appeal, thereby increasing its contribution to GDP and non-oil revenues, in line with the objectives of the Kingdom’s Vision 2030 programs.
It is worth noting that the Real Estate Registry is a Saudi company, wholly owned by the Public Investment Fund, and is responsible for carrying out all operational tasks and functions related to the registration of real property, and is also exclusively responsible for establishing and maintaining the Real Estate Registry in the Kingdom.
