“Wafi announces the completion of three off-plan projects in Riyadh and Jeddah

Off-plan sales projects

Reading time: 2 MinutesThe General Secretariat of the Committee for Sale or Leasing on the Map “Wafi” announced the completion of three projects for sale on the map in Riyadh and Jeddah, as part of the committee's efforts to supervise and follow up the progress of work in the sale projects on the map, which contribute to the quality of the housing supply to raise the percentage of residential ownership for Saudi families to 70% by 2030 to achieve the objectives of the program ... Read more

Real Estate Registration System Developing real estate wealth Preserving rights and enhancing accuracy of information

7 Panorama - In-Kind Registration

Reading time: 2 MinutesFollowing the issuance of the Cabinet decision approving the Real Estate Registration System, the Minister of Municipal and Rural Affairs and Housing and Chairman of the Board of Directors of the General Authority for Real Estate, Mr. Majid bin Abdullah Al-Hogail, said that the system comes as an extension of the interest and support enjoyed by the real estate sector in the Kingdom, with the aim of increasing the reliability of ownership, enhancing the accuracy of information about real estate, and preserving the rights of dealers in ... Read more

90 agreements and MoUs boost Saudi tourism presence at Arabian Travel Market in Dubai

Travel & Tourism Market - Hospitality Sector

Reading time: 2 MinutesThe Kingdom of Saudi Arabia's pavilion concluded its remarkable participation at this year's Arabian Travel Market, which was held in Dubai over four days from May 9, during which the Saudi Tourism Authority (STA), along with a record 29 partners, successfully highlighted the treasures of Saudi tourism and what it has ... Read more

In 4 months: 11,600 families preferred the option of self-building through the “Residential” program”

Real Estate Unit - Housing Construction - Housing Sector

Reading time: < 1 MinuteThe number of families benefiting from the subsidized mortgage loan for the option of self-building through the “Sakani“ program has exceeded 11,600 families in all cities and regions of the Kingdom, since the beginning of 2022, until the end of April, out of 55,760 thousand families announced by “Sakani”, while the number of families who lived in their homes reached 67 thousand families. To obtain a subsidized loan for self-construction, the citizen must be eligible for ... Read more

Enforcement Center offers 70 real estate assets in 7 auctions

Real estate auctions

Reading time: < 1 MinuteThe Assignment and Liquidation Center (Enforcement) announced the holding of seven public auctions in five cities and governorates across the Kingdom from May 23 to 31, offering 70 real estate assets, consisting of commercial and residential lands, villas and commercial and residential buildings with a total area of 80,000 square meters. The auctions start with the Dana Al Gharbia e-auction, which showcases four real estate ... Read more

May housing report: 12,375 families moved into their homes in April

Saraya Aljawan Projects

Reading time: < 1 MinuteThe “Sakani” program announced the issuance of 664,897 real estate transaction tax certificates for the first home from the beginning of the program until the end of April, and the report issued by the program in May revealed that 8,856 families benefited during the month of April, while the number of families who lived in their homes reached 12,375 families, by taking advantage of the subsidized mortgage loan option to buy ... Read more

Rental Index reveals 104 thousand contracts in 10 cities

Rental index

Reading time: < 1 MinuteAmlak- SPA The electronic network for rental services “Ejar” revealed the data of the third report of the rental index, where the number of rental transactions amounted to more than 104 thousand rental contracts, including more than 80 thousand residential rental contracts, and nearly 24 thousand commercial rental contracts, in the ten cities where it is applied, namely: (Riyadh, Jeddah, Makkah, Dammam, Madinah, Al-Khobar): (Riyadh, Jeddah, Makkah, Dammam, Medina, Khobar, ... Read more

Achievements 2022 Q1. 55 thousand families benefit from the solutions of the residential program and live in their homes

9 Achievements of the Ministry of Housing

Reading time: < 1 MinuteThe number of families who lived in their homes by taking advantage of housing and financing solutions during the past quarter reached 55 thousand families, while 46,904 families benefited from the housing options and services that were offered, and the number of those who chose the subsidized mortgage loan to buy ready-made housing units reached more than 18 thousand families among the various options, while the rest of the families preferred the option of self-building, ... Read more

Articles of property... Sultan Hamad writes: It's time for real estate media

Sultan Hamad - Real Estate Initiatives

Reading time: 2 MinutesTwitter spaces and social networking sites are the most important channels of new media communication, which unfortunately has recently become a source of influence on some behaviors of the recipient, which is the methodology of misinformation and intellectual pollution, especially with regard to private affairs and people's interests, affecting their decisions and polluting their information and recommendations that are derived from the swamps of interlopers and ignorant people, especially with regard to the real estate sector. ... Read more

Articles of property... Architect Hisham al-Qasim writes: Man, Machine and Construction

Hisham Al Qasem Real Estate Articles - Real Estate Investment - National Day 95 - Housing Projects Don't buy a property without a consultant - The Journey of Home Ownership

Reading time: 2 MinutesConstruction technology continues to evolve rapidly and push the construction technology industry forward to become safer, cheaper and faster. Including improving human-machine communication, networking, and replacing humans with robots. The question for organizations is no longer if they will digitize construction projects and construction workers, but when and how they will keep up with the constantly evolving and emerging technologies! 1- Measuring... Read more