Data from the Ministry of Justice revealed that the Riyadh region accounted for 50.8% of the value of real estate exchange deals amounting to 77.37 billion riyals, since the beginning of this year 2024.
Number of real estate deals in Riyadh
According to Ministry of Justice data, the number of real estate deals in the Riyadh region reached 26.4 thousand deals, including 86% residential deals, while the total number of stock exchange deals reached 64211 deals, which varied between real estate emptying, sorting and merging properties, mortgage services and real estate financing.
What is a real estate exchange?
Real Estate Exchange is a digital platform that provides real estate trading services (real estate sales) Mortgage and real estate finance services, as well as real estate brokerage services, as well as real estate brokerage services, as well as real estate brokerage services, as well as real estate brokerage services. The Exchange offers multiple options for indicators and real estate information in an easy and convenient way, including the ability to search for real estate listings, as well as the ability to use the Exchange's website to manage the real estate market.
<The real estate exchange was launched on a trial basis in November 2021, and included direct transactions, real estate offers, new deals, new deals, mortgage, deed inquiry and deed update.
<The Real Estate Exchange platform provides all real estate services from emptying, gifting, selling a mortgaged property, mortgage, transferring the mortgage and unloading the mortgage, and you can also update the sukuk through the real estate exchange. A distinctive feature of the real estate exchange is that you can list a free offer.
