Residential

Abdulaziz Al-Essa writes: Value added ... Real estate sales

Reading time: 2 MinutesWith the General Authority for Zakat and Income beginning its operations and collecting value-added tax on the sale of residential real estate, another problem has emerged for real estate developers in finalizing sales to end consumers, ... Read more

12/01/2019

Abdulaziz Alissa - Riyadh train tracks - 95th National Day

«Enforcement achieves real estate sales exceeding 330 million riyals in one week

The Enforcement and Liquidation Center «Enfaz» supervised 50 auctions during which 167 real estate assets with an area exceeding one million square meters were sold between October 25 and 31, 2026.

Ministry of Municipalities and Housing: More than 90,000 families moved into their first home during the first nine months of 2026

The ministry confirms the continued expansion of housing and financing options to raise homeownership to 70% by 2030, in line with the goals of Saudi Vision 2030.

Video | Development of 27 million square meters of land in Riyadh... and a rise in building permits 37%

White land fees have spurred development in Riyadh and other cities, with licenses being issued more quickly and the housing supply increasing through «Etmam» and off-plan sales.

Developer Services Center Etmam

«Etmam» completes more than 2,800 real estate development requests to support supply and expand housing options

The center completed 2,891 applications up to August 2026, supporting the development of undeveloped land, qualifying developers, and facilitating licenses and plans.

Villas Financing Housing Projects - Real Estate Finance

Villa sales plummet by 391,000 TP3T in six months... but the third quarter reveals a remarkable turnaround.

Despite the decline in the value of residential villa sales (38.5%), the number of transactions increased in the second and third quarters, with the average transaction size decreasing.

Real estate transaction indicators on October 25, 2026

An exceptional deal in Abha boosts real estate sales to 4 billion riyals in one day

The surge in Saudi real estate transactions was driven by the sale of land in Al-Safa neighborhood in Abha for 3.8 billion riyals.

Undeveloped lands in Hail, Jazan, and Tabuk

7 million square meters of undeveloped land in 3 areas have entered development or trading.

The ministry stated that the fees contributed to the trading and development of 7 million square meters, and supported 21 residential projects in the three regions.

1.091 billion riyals deposited for beneficiaries of the housing support program for the month of October

The total amount deposited since January 2026 has reached 10.817 billion riyals to support contract profits and promote homeownership among families.

50% of infrastructure completed for the "Tabuk Hills" destination, covering an area of 2.3 million m2

The works include utility networks, rainwater drainage and paving, in preparation for an integrated residential destination serving more than 20,000 people.

Real Estate Transaction Value - Real Estate Sales - Residential Real Estate

Residential real estate loses 103 billion riyals in sales in 9 months

Sales, deals, average value and space declined during 2026, with a gradual quarterly improvement that peaked in the third quarter.

Saudi-Pakistani Real Estate Exhibition

The Saudi-Pakistani Real Estate Exhibition concludes in Lahore

It witnessed broad official and investment participation, with the presentation of Saudi and Pakistani real estate opportunities and calls to strengthen partnerships and attract mutual investments.

Renewing the partnership between the Housing and Brotherhood Foundation to enable people with disabilities to own a home

Renewing the partnership between the “Sakan” and ”Ikhaa” foundations to enable orphans to own a home

The agreement provides diverse housing options, including the «Waad» program and purchasing from the market, to enhance the housing and social stability of beneficiaries.

Qumrah destination, developed by the National Housing Company (NHC) in the Eastern Province

«NHC begins housing the first families at the Qumra destination»

The integrated residential project in Safwa has commenced actual operation, with educational, health and commercial facilities on an area exceeding 1.4 million square meters.

The "Sakan" Foundation reviews its achievements during the third quarter of 2026

The Board of Trustees reviewed the strategic performance and third-quarter programs, and approved the directions of the Ramadan 2027 campaign to enhance community participation and support sustainable housing solutions.

Real Estate Balance Program

Handing over the first batch of land plots to beneficiaries of the first year of the Real Estate Balance Program

The Governor of Riyadh handed over ownership documents for the first batch of beneficiaries of the Real Estate Balance Program in Al Nakheel, Al Malqa and Al Qayrawan.

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