As the Kingdom of Saudi Arabia moves confidently towards achieving the goals of Vision 2030, the real estate technology sector “Proptech” stands out as one of the most prominent drivers that are reshaping the national real estate market. While real estate is a key pillar in building the economy and developing societies, technology is leading this transformation towards a smarter, more sustainable and transparent environment, in line with the ambitions of a nation racing against time to build a qualitative future for future generations.

Real estate technology is one of the most important drivers that are reshaping the national real estate market. The development of the real estate sector is one of the pivotal pillars in achieving the goals of Saudi Vision 2030, where proptech plays a key role in accelerating this transformation by integrating digital solutions and technical innovations in various aspects of real estate development and management.

Technology is leading this transformation towards a smarter, more sustainable and transparent environment, in line with the ambitions of a nation that is in time to build a quality future for generations to come. The initiatives of Public Authority for Real Estate stand out in this context, by promoting the integration of innovation and technology to support building a prosperous economy, a vibrant society and an ambitious nation.

First: Supporting a thriving economy

<The proptech sector represents a new gateway to diversify sources of income, as it contributes to stimulating a promising non-oil sector and attracting quality local and international investments. It also opens the way for the empowerment of small and medium enterprises by supporting emerging technology companies operating in the real estate field, thus enhancing their contribution to the national economy.

Second: Building a vibrant society

Digital transformations in the sector are reflected in raising the quality of life, by providing smart and innovative housing solutions and real estate services that enhance the well-being of citizens and residents.
Modern technologies also contribute to the creation of quality jobs in the technology, data and real estate engineering sectors, supporting the Kingdom's trends towards a knowledge economy based on efficiency and innovation.

Third: Realizing an ambitious nation

The reliability of real estate data and digital services systems accelerates government procedures, improves the business environment, and supports decision-making on an accurate and reliable basis.

At the same time, the real estate infrastructure contributes to the realization of an ambitious nation. At the same time, the technical infrastructure of smart cities contributes to providing advanced solutions to manage and operate future cities efficiently and sustainably, making the Kingdom a global model in smart urban planning.

With this integration of technology and real estate, the Kingdom confirms that "Proptech" is not just a technical trend, but a comprehensive national vision that seeks to create a smarter and more flexible real estate sector that supports a diversified economy, a developed society and an ambitious nation that leads the region towards a promising real estate future.

With this integration between technology and real estate, the Kingdom confirms that "Proptech