Ministry of Justice: 500,000 properties traded through the real estate exchange since its launch

The exchange operates around the clock, displays daily indicators, and provides services for selling, sorting, merging, updating instruments, and inquiries.
Ministry of Justice - Real Estate Exchange

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The Ministry of Justice has revealed that about 500,000 properties have been traded through the real estate exchange since its official launch in late August 2023.

The Ministry of Justice The Real Estate Exchange offers round-the-clock services, most notably real estate trading, buying and selling, sorting and consolidation services, real estate identity, deed update services, real estate inquiries, as well as mortgages and everything related to them.

The Real Estate Exchange provides services around the clock. The Real Estate Exchange provides a set of daily indicators of the value of real estate transactions in the Kingdom's cities and neighborhoods available for trading; they can be displayed temporally at the level of the hour, day, week, month, year, or the entire historical period of transactions since the start of their registration electronically.

The indicators measure the number of transactions, number of properties, value in Saudi Riyals, area in square meters and value per square meter, and can track the reality of real estate in the most active areas and see the real estate prices and the price per square meter, its increase and comparison by different regions.

The indicators are based on the number of transactions, number of properties, value in Saudi Riyals, area in square meters and value per square meter.