Month: June 2023

Public Authority for Real Estate launches the service of saving the security deposit through “Ejar”

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Public Authority for Real Estate - Off-plan Selling

Reading time: < 1 MinuteThe General Authority for Real Estate announced the launch of the “Save Security Amount” service through “Ejar”, a service through which the security deposit is saved at “Ejar” to compensate the property owner for any damages that may occur to the property during the tenant's use of the rental unit. She explained that the service comes as one of the requirements of the Real Estate Brokerage System and its executive regulations. Read more

King Salman's Neighborhood: Architectural and Human Luxury

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King Salman Neighborhood

Reading time: < 1 MinuteSince the launch of Vision 2030, His Highness Crown Prince Mohammed bin Salman has paid great attention to the quality of life in Saudi cities, achieving the great goal of having 3 Saudi cities among the top 100 most livable cities in the world, led by the capital, Riyadh, and King Salman neighborhood as a model

Learn all about Val's real estate license from the General Real Estate Authority

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Real estate projects in Saudi Arabia

Reading time: < 1 MinuteThe Val Real Estate License is issued by the General Authority for Real Estate is a real estate license to practice real estate brokerage activities and services covered in the Real Estate Brokerage Law, and includes five licenses for the practitioner and a sixth license for real estate advertising, and the Val license is an official document that authorizes individuals and establishments to practice the real estate activity specified in the license.

National Housing Company allows online purchase in Jeddah's Sadeem neighborhood

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Buying in Sadeem

Reading time: < 1 MinuteThe National Housing Company (NHC) said that Jeddah will soon witness the launch of its newest residential suburb, Sadeem, with an area of more than 3.8 million m2 and will provide more than 8,000 housing units. National Housing explained on its official Twitter account that the suburb will embody with its modern designs inspired by the origin of Hejazi architecture an innovative way to live luxuriously in North Abhar, and the company has dedicated a registration page that allows buying in Sadeem suburb

Fahad Al-Omari: King Salman's architecture draws its principles from historical architectural models

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Mithlik King Salman Al-Amrani

Reading time: < 1 MinuteFahad Al-Omari says that King Salman's urban mythology draws its principles from architectural models in Riyadh, such as the Tuwaiq and Al-Hakam palaces and the King Abdulaziz Historical Center, and consists of six mutually supporting values: authenticity, continuity, human centeredness, livability, innovation, and sustainability.

The Board of Directors of the Public Authority for Real Estate holds its 23rd meeting and reviews the overall strategy for the sector

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The Board of Directors of the Public Authority for Real Estate holds its 23rd meeting

Reading time: < 1 MinuteThe Board of Directors of the Public Authority for Real Estate held its 23rd meeting under the chairmanship of H.E. Mr. Majid bin Abdullah Al Haqeel, Minister of Municipal and Rural Affairs and Housing and Chairman of the Board of Directors of the Authority. At the beginning of the meeting, the Board reviewed the decisions and directives issued by it, reviewed the executive plan for the first registration of the real estate registration in Al Falah neighborhood and the rest of the regions and cities of the Kingdom, and ... Read more

China considers launching a new subsidy package to lower mortgage payments

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Tough times ahead for the commercial real estate industry

Reading time: < 1 MinuteThe Chinese government is preparing a new package of measures to support the real estate sector after current policies failed to bring a sustainable recovery to the ailing sector, sources familiar with the matter said. Bloomberg news agency quoted the sources as saying that the regulatory authorities are considering lowering the value of mortgage loan installments

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