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Rental index: 176 thousand rental transactions during last month

Rent - Residential Contracts - Refunds

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<The “<a style="color: #993300;" href="https://amlak.net.">Rental Index” more than 176 thousand rental transactions during last April, in more than 160 cities and governorates that were recently added to the index, to include all cities and regions of the Kingdom, within the reports and data issued by the electronic network for rental services “Ejar” in integration with the Sakani platform; an increase in total transactions exceeding 48% compared to April 2022.

The Rental Index

<a style="color: #993300;" href="http://ejar.Ejar" in a statement, that the April rental index report revealed that the number of residential rental transactions recorded during April 2023 increased compared to the same month last year, as the rate of increase exceeded 68% by more than 152 thousand transactions, while the index recorded 23 thousand commercial rental transactions, a decrease of 17% during April 2023 compared to the same month last year.

The index recorded 23 thousand commercial rental transactions, a decrease of 17% during April 2023 compared to the same month last year.

Riyadh topped the April rental index report as the most recorded city for deals, after nearly 50 thousand residential and commercial deals, representing 28% of the total deals, followed by Jeddah, which exceeded 30 thousand residential and commercial deals, then Dammam, which recorded more than 9 thousand deals, then Mecca, with more than 8400 deals, and Medina with more than 7900 deals, while the rest of the cities recorded about 71 thousand residential and commercial deals, and the index can be accessed in Sakani platform via https://sakani.sa/reports-and-data.

The <span style="color: 1P5T993300;" href="https://sakani.sa/reports-and-data.

The <a style="color: #993300;" href="https://amlak.net. The Rental Index aims to achieve transparency and stimulate investment in the rental real estate sector in the Kingdom, by establishing specific rental indicators for cities, neighborhoods and different types of properties, both residential and commercial, where you can identify the price ranges of residential units, search for neighborhoods that include residential units in a price range determined by the beneficiary, and review the number of transactions. The beneficiary, reviewing the number of rental deals on residential and commercial units in the specified neighborhood during the specified period, the average rental values, clarifying the price range of residential deals, and reviewing them through a graph, within the framework of supporting beneficiaries and contributing to raising the efficiency of the market in line with the objectives of the housing program - one of the programs of the Kingdom's vision 2030 - in line with the objectives of the housing program - one of the programs of the Kingdom's vision 2030 -..

It is noteworthy that the beneficiaries of the real estate rental sector can now see the results of the evaluation of real estate brokers on the list of brokers in the index, and the number of evaluators of the broker, where the evaluation depends at the current stage on the extent of the lessor's satisfaction with the performance and response of the real estate broker during the documentation of the contract, and the tenant's evaluation of his experience with the real estate broker during the conclusion of the lease contract and his clarification of the terms and conditions.