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Prince Faisal bin Bandar reviews the efforts of the National Committee for Real Estate Development in Riyadh Region

Reading time: < 1 MinuteHis Royal Highness Prince Faisal bin Bandar bin Abdulaziz, Governor of the Riyadh Region, was briefed on the efforts and activities of the National Real Estate Development Committee of the Council of Saudi Chambers in the region. ... Read more

During his meeting with the president of the Federation of Chambers and the committee chair, they discussed plans to enhance the efficiency and effectiveness of work in the real estate sector.

07/12/2024

Residential program

A contract was signed for the maintenance of street lighting in the northern neighborhoods of Buraidah, with a value exceeding 17.7 million riyals.

The project aims to improve road efficiency, enhance infrastructure, and address visual pollution in northern Buraidah, as part of the quality of life objectives.

One million rental transactions in Riyadh in 8 months... What happened to the value?

Rental transactions in Riyadh exceeded one million transactions worth 31.88 billion riyals, with a recovery in activity and a decline in the average transaction value to 16.1%.

Next Wednesday... Announcement of eligibility results for applicants to the Real Estate Balance Program

The Royal Commission for Riyadh City will announce the eligibility results on Wednesday, and the objection period will begin on October 1st via the electronic platform.

Construction of a new bridge on Othman Bin Affan Road at the intersection with Anas Bin Malik Road in Riyadh

A traffic diversion will be activated from September 27, 2026, with the implementation of the bridge and the improvement of routes to improve traffic flow north of Riyadh.

The Riyadh Infrastructure Center has issued more than 141,000 licenses since the beginning of 2026.

The August report records 19,000 new licenses and more than 190,000 reports, with confirmation of enhanced compliance and quality of field implementation.

Riyadh City - Kingdom - Saudi Arabia - Riyadh - Capital - Real Estate

A notable decline in the average value of real estate transactions in Riyadh during the past month

Data for August 2026 shows a sharp monthly decline in sales value, number of transactions, and average real estate transaction volume in Riyadh.

The Kingdom - Riyadh - Saudi Arabia - Real Estate

Riyadh jumps 47 places to enter the list of the top 50 cities globally

The Oxford Economics 2026 index shows the Saudi capital advancing 68 places in two years, driven by improvements in the economy, governance and quality of life.

Applications for the second year of the "Real Estate Balance" program in Riyadh have closed.

The program aims to offer 10,000 to 40,000 plots of land annually to eligible individuals in Riyadh at a price not exceeding 1,500 riyals per meter.

Eligibility results for second-year applications of the Real Estate Balance Program in Riyadh will be announced on September 30.

The Royal Commission for Riyadh City will begin verifying applications after the application deadline, and will allow objections starting from October 1.

5 real estate opportunities at the "Aroma of Riyadh" auction«

Citrus Festival, Al-Hariq

With the approval of the Deputy Governor of Riyadh, Al Talib Company wins the bid to organize the 11th Citrus Festival in Al-Hariq.

The new edition of the agricultural event in Al-Hariq extends for 10 days under the supervision of the Ministry to support farmers and market national crops.

Riyadh is among the top 100 innovation hubs worldwide.

The city came in at number 92 globally as the only Gulf cluster on the list, supported by venture capital deals and patents.

Nearby Auction

3 Unique Real Estate Opportunities at the «Riyadh Hubs» Auction»

Launch of the «Riyadh Meetings» Initiative with a First Panel Discussion on the Capital’s Urban Landscape

A periodic forum that brings together the city’s experts and partners to discuss Riyadh’s urban identity, support development and investment, and envision the capital’s future.

«The »Royal Commission for Riyadh" Calls for Reporting Violations Involving Dust Emissions from Construction Projects

As part of its efforts to reduce pollution and promote sustainability, the Authority has established channels for reporting dust emissions via 988, 940, and Tawakkalna.

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