Abdullah Al-Hammad: 3 key pillars to develop the real estate sector and attract investments

General Real Estate Authority works on governance and compliance, raising compliance 2025, attracting foreign investors and integrating technology

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The CEO of the Public Authority for Real Estate, Abdullah Al Hammad, stressed that the real estate legislation approved during the past years has contributed significantly to regulating the real estate sector, protecting rights, strengthening partnerships, and improving the quality of real estate products and services.

In a statement on the sidelines of the Future of Real Estate Forum, Al Hammad explained that these legislations have played a key role in controlling the market and reducing irregular practices, noting that the Authority is currently working on the governance of these regulations and ensuring their application through compliance and control mechanisms, in addition to raising real estate awareness among workers in the sector.

Hammad said that the Authority is currently working on the governance of these regulations and ensuring their application through compliance and control mechanisms, as well as raising real estate awareness among workers in the sector.

<He added that the Authority relies on successive strategic plans aimed at building a more vibrant and attractive real estate market for investments, in line with the Kingdom's Vision 2030, based on three main pillars, namely: Real Estate Sector Governance, Partner Support, and Market Efficiency, where these pillars are developed through long-term projects and initiatives.

Hammad pointed out. Al Hammad pointed out that one of the main objectives of the Authority during 2025 is to raise the rate of compliance with real estate legislation and increase the attractiveness of the market for foreign investors, thus enhancing the competitiveness of the Saudi real estate sector at the local and international levels.

Hammad also stressed that the Authority seeks to increase the competitiveness of the Saudi real estate sector at the local and international levels. He also stressed that the Authority seeks to improve the quality of real estate products and services, especially through the integration of real estate technology in the sector, stressing that the technological boom in the Kingdom provides great opportunities to develop innovative solutions that increase the efficiency of the real estate market and serve citizens and investors alike.