Fruits of «Real Estate Transformation»
The year 2025 closes its pages while recording in the records of national achievements an exceptional chapter, paving the way for a new year of sustainable growth under the vision of His Highness the Crown Prince - may God protect him. 2025 was the year of major «real estate legislation» and modernization of regulations to meet the ambitions of the next stage, which reflected directly on market performance and reliability, as hopes and ambitions seemed to take shape closer to reality.
The radical changes brought about by the «real estate transformation» environment have seen Real estate stock exchange The total value of transactions amounted to about 312.3 billion riyals until the end of November, with more than 244.22 thousand transactions, these figures were not the result of coincidence, but rather the product of careful governance; the best example of this is the announcement by the General Authority for Real Estate to sort more than 17 million square meters for more than 55 thousand real estate units during the first half only, achieving a growth of 29% compared to the previous year, as its requests exceeded 7,000 requests in six months, reflecting the vitality of the market and its response to the requirements for pumping residential units, and the attractiveness of the sector was evident The attractiveness of the sector was evident at Cityscape Global, which turned into a major arena for the implementation of deals in the «open air», recording historic deals worth more than 237 billion riyals, this achievement embodies the integration of efforts between the government and private sectors, and proves the success of digital initiatives.
These legislations have been complemented by huge technological leaps that have placed the Kingdom in second place globally in Digital governmentThrough the automation of the real estate trading cycle, where ownership transfer, emptying and payment transactions are all in one platform, as well as thanks to the «electronic clearing» service for checks from the Central Bank, which was launched last week, the collection of payments is within one working day, eliminating confusion and random speculation, and providing a safe environment for the buyer based on reliable data away from rumors.
Harvest 2025 is the biggest proof that updated regulations and comprehensive digitization have reshaped the hospitality and housing economy, and the Kingdom will welcome 2026 with a clear vision of family stability and global leadership in real estate asset management.
