Month: May 2023

«White Land» invoices issued in Qassim and Hail

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Al Baida Land Fees Free Land

Reading time: < 1 MinuteThe White Land Program has issued invoices for the first phase of white land fees for the year 1444/1445 AH in the Al-Qassim region (Buraidah and Unaizah) and the city of Ha’il in its first cycle, calling on landowners subject to the fees to either develop their land or pay the fees within one year from the date of the decision’s issuance. The program clarified that the payment deadline is one full year from the date of issuance … Read more

«Real Estate Registration»... A paradigm shift

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Abdulaziz Al-Issa - Third Amlak Centennial - Lifting the land moratorium - Saudi Media - Vision 2030

Reading time: < 1 Minute«Real Estate Cadastral Registration»… A Quantum Leap The «Real Estate Cadastral Registration» system, approved by the Council of Ministers, achieves a number of objectives, as it will record all changes and transactions involving the property and assign each property a unique deed number, in addition to linking the property’s location to precise spatial coordinates, and granting the property absolute, indisputable legal authority. The system represents a quantum leap for the real estate sector, by increasing … Read more

Poll and file: «Real Estate Registration in Kind» Property issues «in the rearview mirror»

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Reading time: 3 Minutes«Real Estate Registration»... Property Ownership Issues «A Thing of the Past» Abdullah Al-Mutlaq: Educating Owners on the System’s Details Is «Essential» Al-Aboudi bin Abdullah: Resolves Disputes Between Holders of Conflicting Rights Ibrahim Al-Saleh: Lack of Awareness Is the Main Challenge Abdullah bin Jabran: «Al-Falah» Mediates for Riyadh Neighborhoods, «Distinguishing It» == == Real Estate – Special The Real Estate Registration System, issued by a Cabinet decision, aims to increase the reliability of ownership, … Read more

Medina records more than 7 thousand rental transactions last April

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Medina Municipality - Commercial Project

Reading time: < 1 MinuteThe number of rental transactions in the Madinah region exceeded 7,000 residential and commercial rental deals during April 2023. The rental index issued by the electronic rental services network “Ejar,” in collaboration with the Sakani platform, revealed that the Medina region recorded more than 7,900 rental transactions last April, with residential rental supply reaching 7,820 rental transactions from … Read more

6.4 % growth in construction activities in Medina by the end of the first quarter of 2023

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Medina

Reading time: < 1 MinuteThe number of construction project registrations rose by 6.41% by the end of the first quarter of 2023, compared to the same period of the previous year. At the same time, the real estate price index rose by 0.021% compared to the fourth quarter of 2022, and decreased by 0.21% compared to the same quarter of the previous year, according to statistics released by the Medina Chamber of Commerce. The Secretary-General of the Medina Chamber, Engineer … Read more

Saudi Real Estate Development and Ownership Exhibition kicks off in Jeddah on May 28

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Sredo grandmother

Reading time: < 1 MinuteThe Saudi Real Estate Development and Ownership Exhibition, “Seredo Jeddah 23,” on Sunday, May 28, at the Jeddah Center for Forums and Events, and will run through Wednesday, May 31. The exhibition will be open to visitors daily from 4:00 p.m. to 10:00 p.m. during the event. “Seredo Jeddah 23” is the largest and most important real estate event in the field of development and investment … Read more

«Enforcement holds auction to sell more than 380 plots of land in Harimla governorate

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Real estate auctions

Reading time: < 1 MinuteThe Enforcement and Liquidation Center “Enfaaz” has announced an online public auction for the sale and liquidation of more than 380 residential plots in the Harimla Governorate,  from Sunday, 8 Dhu al-Qi’dah 1444 AH, corresponding to May 28, 2023, until 21 Dhu al-Qi’dah 1444 AH, corresponding to June 10, 2023. .  

«STC receives 367.71 million riyals from the sale of land in Al-Khobar... and 1 billion riyals within 60 days

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Saudi Telecom Company

Reading time: < 1 MinuteSaudi Telecom Company (STC) announced that it has received 367.71 million riyals as part of the proceeds from the sale of land it owns in Al-Khobar. STC said in a statement posted on the Saudi Tadawul website yesterday, Wednesday, that the buyer paid 367.71 million riyals to the company via a certified check, which represents part of … Read more

Rental index: 176 thousand rental transactions during last month

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Rent - Residential Contracts - Refunds

Reading time: 2 MinutesThe “Rental Index” recorded more than 176,000 rental transactions during the month of April, across more than 160 cities and provinces recently added to the index, bringing its coverage to all cities and regions of the Kingdom, According to reports and data released by the online rental services network “Ejar” in integration with the Sakani platform, the total number of transactions increased by more than 481% compared to April 2022. “Ejar” explained in … Read more

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