Month: March 2024

Rules and conditions for expropriation of real estate and the mechanism for calculating compensation for owners

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Minister of Finance Mohammed Al-Jadaan - Real Estate Transaction Tax Executive Regulations

Reading time: < 1 MinuteFinance Minister Mohammed Al-Jadaan revealed during his interview on the Socrates Podcast, the rules of expropriation of real estate and the method of calculating compensation for expropriated owners. Al-Jadaan said during an interview with Socrates' podcast that expropriation is an exception to the principle of respecting property in the system or in other countries, as the statute respects private property and does not expropriate ... Read more

Ihsan platform: More than 6 billion riyals in 10 days

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Ihsan Platform - Social Responsibility

Reading time: < 1 MinuteThe total volume of donations in the Ihsan platform, until the tenth day of Ramadan, amounted to more than six billion and two hundred million riyals, and donations are still continuing, and more than 113 million donation operations have reached more than 4.8 million beneficiaries in several charitable and developmental fields, while the platform continues to receive donations around the clock during ... Read more

Developmental housing: 100,000 beneficiaries from the neediest families

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Social Responsibility Profile - Developmental Housing

Reading time: < 1 MinuteAmlak - Private The holy month of Ramadan does not dawn every year without bringing with it the promise of goodness, generosity, existence and solidarity of the Saudi society. This year, the good news came from every side, and as usual, the real estate sector did not lag behind, as the Joud platform announced through the Secretary General of the Housing Development Corporation “Sakani” Abdulaziz Al-Kridis that it will provide more than ... Read more

Revolutionizing rapid construction

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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: < 1 MinuteA revolution in rapid construction Hisham Al-Qasim In light of the rapid developments in technology, the world has witnessed many innovations that contribute to facilitating and improving life, and among these innovations is the concrete fabric, which is considered a revolution in the world of construction. Concrete fabric is a thick fabric made of concrete components, which has the same flexibility as ordinary clothing fabrics but is very hard ... Read more

Video | Real Estate Fund deposits 963 million riyals in the accounts of residential beneficiaries for March

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Real Estate Development Fund - Mortgage Loan Installments

Reading time: < 1 MinuteThe Real Estate Development Fund today deposited 963 million riyals in the accounts of “Residential” beneficiaries from the Ministry of Municipal and Rural Affairs and Housing and the Real Estate Fund for the month of March 2024. The CEO of the Real Estate Fund, Mansour bin Madi, explained that the total support for the current month of March was allocated to support the profits of the contracts of the various housing support programs, noting that the total amount deposited in ... Read more

Dubai's luxury real estate sales top the list of global markets for 2023

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Dubai - Real Estate Deals and Sales 

Reading time: < 1 MinuteDubai real estate has topped the list of global markets in luxury real estate sales for 2023, outperforming popular global cities such as London, New York and Sydney, Knight Frank has revealed in its latest report. According to the report, the emirate was the largest market for luxury real estate in the fourth quarter of 2023. In the fourth quarter of last ... Read more

Starting May 26 8 neighborhoods benefit from the real estate registry in Makkah

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Reading time: 2 MinutesThe General Authority for Real Estate announced 8 neighborhoods in the city of “Makkah” within the fifth phase of the real estate registry, which includes 1336 real estate plots, starting from 18 Dhul Qa'dah 1445 AH corresponding to May 26, 2024 AD, and registration will continue until the end of 25 Safar 1446 AH corresponding to August 29, 2024 AD. The names of the neighborhoods benefiting from the real estate registry include the neighborhoods announced ... Read more

Ihsan's platform embodies the leadership's interest in philanthropy

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Dr.. Mons Shujaa Real Estate Articles - Administrative Harmony

Reading time: < 1 MinuteIhsan platform embodies the leadership's interest in charitable work Dr. Mons Shujaa Everyone has followed this blessed initiative in its fourth edition, namely the “National Campaign for Charitable Work” through the Ihsan platform, which was approved by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud - may God protect him - and opened with a generous donation from him and his Crown Prince, Prince Mohammed bin ... Read more

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