Royal Commission in Riyadh clarifies residency requirement to obtain land through the real estate balance platform

The Royal Commission confirms that residence within the urban area of Riyadh is a prerequisite, and suburbs and farms are ineligible with the possibility of objection.
Royal Commission in Riyadh

Posted in

<The Royal Commission in Riyadh has specified a number of conditions that must be met by the applicant to buy a residential plot of land through the real estate balance platform, the most important of which is that the person must be a resident of the city of Riyadh, and here are many questions about whether those who reside in the suburbs of the city have the right to apply to buy a plot of land through the platform.

Is residence in the suburbs of Riyadh allowed to buy a land through the real estate balance platform?

According to the Royal Commission in Riyadh, residence in the suburbs is not considered within the urban boundaries, and therefore the person in this case does not fulfill the conditions for applying to buy a plot of land through the Real Estate Balance platform, and the ownership of farms or commercial lands prevents applying to buy through the platform.

The emphasis comes from the Royal Commission in Riyadh. The tightening of the residency requirement comes within the city and not in its suburbs, to achieve the goal of the real estate balance platform to grant land to citizens residing within the city, not suburbs that may not have similar infrastructure, and indeed the Royal Commission in Riyadh rejected the applications of applicants who reside outside the required urban area.

To make it easier for applicants to apply, the Royal Commission in Riyadh rejected the applications of applicants who live outside the required urban area. In order to facilitate applicants and achieve transparency, the Royal Commission of Riyadh has made it possible to submit an objection to be considered by a specialized committee in cases where the applicant proves that he works or studies in the city and is unable to move.