The CEO of the Authority, Engineer Abdullah bin Saud Al Hammad, explained that the Authority has issued more than 250,000 new title deeds in Al Falah neighborhood as the first to be registered. The CEO of the Authority, Engineer Abdullah bin Saud Al Hammad, explained that since the launch of Real Estate Registration in Al Falah neighborhood as the first real estate area, the Authority has recorded success due to the quality of geospatial data that was worked on using modern technologies, manned aircraft and drones that are characterized by high accuracy and efficiency, and continued to announce real estate areas benefiting from "in-kind registration" according to specific criteria, primarily the readiness and maturity of data available for real estate units in them.
Hammad pointed out that the Authority has been working on the registration of the real estate in Riyadh, Makkah, Dammam, Medina and Buraydah since the start of the work. <Al Hammad pointed out that the Real Estate Registry, using remote sensing techniques, artificial intelligence, GPS satellite positioning, the speed of processing real estate deeds data in the beneficiary neighborhoods, integration between the relevant government and private entities and the awareness of real estate owners, contributed to the rapid completion of the issuance of real estate numbers and real estate records, which confirms the continuation of serious steps to develop the real estate sector through the digitization of procedures and providing a unified source of real estate information and data, through the “Real Estate Registry” platform that includes all key information about the real estate units in the real estate sector. <Dr. Mohammed bin Hamad Al Sulaiman, CEO of the National Company for Real Estate Registration Services, explained that the company carries out the operational work of real estate registration exclusively in the Kingdom, and since its launch, it has worked to develop the “Real Estate Registry” platform in accordance with the best practices and international standards followed in building real estate records, and has worked to employ the latest technologies to promote the real estate sector and accelerate the digital transformation processes in the sector, and facilitate the journey of beneficiaries through a number of various services, primarily the implementation of real estate transactions and ownership transfers through the platform completely, in addition to It is noteworthy that the General Authority for Real Estate works through the real estate registry to raise the efficiency of the real estate sector, promote levels of reliability and transparency, facilitate access to real estate property information, and raise its investment attractiveness locally, regionally and globally, in accordance with the objectives of the Kingdom's Vision 2030.
The General Authority for Real Estate works through the real estate registry to raise the efficiency of the real estate sector, promote reliability and transparency, facilitate access to real estate property information, and raise its investment attractiveness locally, regionally and globally.
