Month: April 2024

“International Property Media launches global real estate award named after Saudi Arabia

by
Saudi Arabia Property Awards - Global Real Estate Award

Reading time: 2 Minutes“International Property Media,” the leading global company and one of the most trusted organizations for presenting international real estate awards, announced the launch of a special category within its global awards under the name “Saudi Arabia Property Awards,” which are the first of their kind in the Kingdom and the Middle East region. The awards are granted based on rigorous, internationally recognized criteria, underscoring the strength and reliability of the real estate sector … Read more

SAR 425 million worth of first home ownership contracts during the first quarter

by
Real Estate Marketing - Lana Al-Shabaneh - The Line

Reading time: 2 MinutesThe “Sakani” program stated that the Comprehensive Housing Centers in Riyadh, Jeddah, Al-Khobar, and Madinah enabled beneficiaries to sign home ownership contracts for their first homes, with a total value exceeding 425 million riyals during the first quarter; This is part of ongoing efforts to improve market efficiency and support families in becoming homeowners; since their establishment through the end of the first quarter, the centers have made 58 projects available… Read more

A white sofa adds aesthetic and psychological appeal to your living room

by
White sofa

Reading time: 2 MinutesUsing a white sofa in the living room provides a sense of incredible comfort to both residents and guests, as the sofa usually dominates the aesthetic of your home’s living room—it is, after all, the largest piece of furniture in the room. You can also choose the colors for your living room walls and enjoy a unique and beautiful space simply by selecting the right style and color for your sofa. Although … Read more

How do you manage the main real estate escrow account and sub-accounts?

by
Off-plan Real Estate Projects Real Estate Contributions

Reading time: < 1 MinuteIn its issue published last Friday, the official gazette “Umm al-Qura” published the regulations governing the calculation of guarantees for real estate contributions, issued by a decision of the Board of Directors of the General Real Estate Authority No. (Q/M/I/H/2 /2024/T) dated 18/07/1445 AH. According to the publication in “Umm al-Qura,” Article 4 clarifies the mechanism for managing the main real estate contribution guarantee account and its sub-accounts in accordance with the following regulations: Article 4: It shall be carried out … Read more

Jarallah Al Amrah named to Forbes' list of the most influential real estate leaders in the Middle East

by

Reading time: < 1 MinuteForbes Middle East magazine has named Eng. Jarallah Al-Omra, CEO of Sumo Real Estate, as one of the 100 most influential real estate executives in the Middle East on its 2024 list, with companies ranked based on total assets, market capitalization, and revenue, where disclosed. Forbes Middle East bases its list on criteria such as … Read more

Conditions for obtaining a free plot of land And how to apply

by
Territory

Reading time: < 1 MinuteMany citizens are looking into the steps and procedures for obtaining a free plot of land in the Kingdom of Saudi Arabia, either to build a home or to develop a project, in order to take advantage of the grant previously announced by the Ministry of Municipal, Rural Affairs, and Housing. The ministry recently launched a program as a form of support for individuals, allowing them to own a plot of land, but this is subject to … Read more

Makkah ranks 52nd globally, fifth in the Arab world and second locally in the list of smart cities

by
Mecca

Reading time: < 1 MinuteThe International Institute for Management Development (IMD) announced that Makkah ranked 52nd globally on the list of smart cities worldwide, fifth in the Arab world, and second in the Kingdom after Riyadh. The Holy City’s rise in the IMD Smart City Index reflects progress in its readiness to utilize modern and advanced technologies at the … Read more

“ROSHN plans to revolutionize data analytics using artificial intelligence

by
ROSHN Projects - Artificial Intelligence

Reading time: < 1 Minute“Roshon“ Group, a national real estate developer, plans to bring about a quantum leap in how data is used and analyzed, in accordance with a cooperation agreement with Google Cloud that aims to leverage artificial intelligence to build smarter and more sustainable communities in line with the company’s goals and the Kingdom’s Vision 2030. On this occasion, Jaish Maganlal, Chief Information and Digital Officer at Roshen Group, said: “We view …” Read more

5 regions top the list of commercial registrations in the entertainment events sector

by
Business registers

Reading time: 2 MinutesFive regions topped the list of private business registrations in the entertainment events sector during the first quarter of 2024, with Riyadh ranking first and recording the highest number of registrations at 4,301, according to details from the quarterly business sector report for the first quarter of “2024” published by the Ministry of Commerce. The Ministry of Commerce clarified that the number of registrations in the Makkah region … Read more

AED 44.52 billion in off-plan real estate transactions in Dubai during the first quarter

by
Real Estate Deals in Dubai Land

Reading time: < 1 MinuteReal estate reports revealed that off-plan real estate transactions in the Dubai market grew by 24% to 44.52 billion dirhams during the first quarter of 2024, compared to 35.9 billion dirhams in the same period of 2023. In a report based on data from the Dubai Land Department, “W Capital” noted that the number of off-plan sales transactions … Read more

© 2026 Amlak Real Estate Newspaper | All rights reserved.