“Land Registry participates in Saudi Proptech Summit to promote real estate technology

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The Real Estate Registry is participating in the “Saudi ProTech” conference, which will be held on November 6 and 7, 2023, in Riyadh, with the aim of raising awareness of the importance of technology in streamlining real estate sector procedures in the Saudi market, strengthening its role in the sector’s governance, and enhancing transparency and sustainability in line with the objectives of the Kingdom’s Vision 2030.

Wide Participation

The “PropTech Saudi Arabia” conference is seeing broad participation from real estate sector leaders, including more than 40 local and international speakers, as well as a large group of real estate developers, real estate investors, real estate technology companies, and startups.

Dr. Mohammed Al-Suleiman, CEO of the Real Estate Registry, explained that the organization of the ProTech Saudi conference under the supervision of the General Real Estate Authority, is a unique and highly significant event at a time when the Kingdom is undergoing a radical transformation in all fields, with the real estate sector serving as one of the key drivers of this transformation under Saudi Vision 2030.

Highlighting the Latest Developments

He noted that their participation aims to highlight the latest developments in the real estate registration process in the Kingdom, with a focus on the role of technology in this field, which will enhance the reliability of real estate and increase its investment appeal, “PropTech Saudi” also provides a platform that connects key stakeholders in the real estate sector—including investors, real estate development companies, real estate technology firms, and startups—and offers an opportunity to build a network and exchange expertise with those interested in this sector.

Organized by Land Registry During the summit, a workshop titled “Empowering the Real Estate Technology Sector,” in which leaders from the Real Estate Registry will discuss opportunities to leverage real estate technologies that contribute to the promising transformation of the Kingdom’s real estate sector, as well as the Real Estate Registry’s role in empowering the real estate development sector.

Through its participation in real estate conferences and events, the Real Estate Registry seeks to highlight the Registry’s importance to the real estate sector and showcase modern technologies used in the registration process—such as geospatial surveying, the use of drones, and geospatial mapping— and other technologies aimed at enhancing reliability and transparency in the real estate sector, strengthening assets, and supporting the digital transformation and the development of real estate wealth in line with the objectives of Saudi Vision 2030.