The National Company for “Real Estate Registration” announced that it aims until the end of 2023 to register about 350 thousand properties in kind in the real estate registration platform, including 300 thousand properties in Riyadh city, while during the next five years it aims to register about 80% of the volume of properties in all regions of the Kingdom.

She pointed out that the volume of requests for in-kind registration of properties submitted by the owners of these properties in Al Falah neighborhood in Riyadh city reached about 40 percent within a month of the start of in-kind registration of the property, pointing out that the company seeks during the month of September to announce the start of in-kind registration in seven new neighborhoods in Riyadh city.

The company seeks to announce the start of in-kind registration in the coming September to seven new neighborhoods in Riyadh city. In addition, the National Company for “Real Estate Registration” services seeks to launch real estate trading operations for sale and purchase through the real estate registration platform, including the release of mortgages, sorting and merging instruments for issuing cadastral decisions, selling, buying and paying the value of the property in the areas and properties to which the real estate registration system is applied without returning to the centers that require attendance, such as offices and others.

National Company for "Real Estate Registration" services.

In-kind registration platform targets 300,000 properties in Riyadh