The Ministry of Justice Reports 60,000 Daily Visits to the Real Estate Exchange Platform

Real estate stock exchange

Reading time: < 1 MinuteThe Ministry of Justice has revealed that the average number of visits to the Real Estate Exchange platform has reached 60,000 per day. Benefits of the Real Estate Exchange The Real Estate Exchange contributes to enhancing the investment environment, promoting transparency in supply and demand, and improving the governance of real estate documentation procedures, as it serves as an integrated platform for real estate wealth management. Real Estate Exchange Services: The Real Estate Exchange offers real estate trading, mortgage, and financing services, in addition to … Read more

“Monsha'at launches real estate innovation accelerator in partnership with the Ministry of Municipalities and Housing

Franchising - Facilities

Reading time: < 1 MinuteThe General Authority for Small and Medium Enterprises (Monsha'at) launched the Real Estate Innovation Accelerator in partnership with the Ministry of Municipalities and Housing to strengthen and develop the entrepreneurship ecosystem in the real estate sector, in the presence of Abdulrahman Al-Tawil, Undersecretary of the Ministry of Municipalities and Housing for Stimulating Housing Supply and Real Estate Development, and Saud Al-Sabhan, Deputy Governor of “Monsha’at” for the Entrepreneurship Sector, at the Enterprise Support Center in Riyadh. The accelerator aims to support the growth of enterprises … Read more

Infographic: Requirements for concluding and documenting a real estate brokerage contract

Real Estate Registration Authority Logo

Reading time: < 1 MinuteThe General Real Estate Authority has clarified the requirements for concluding and notarizing real estate brokerage contracts,The Authority emphasizes the importance of adhering to the notarization of real estate contracts in all transactions related to the real estate sector, to effectively contribute to safeguarding the rights of all parties involved, reducing real estate disputes, and improving the quality of transactions to achieve the sector’s growth and sustainability. According to an infographic published by the Authority on its account on the social media platform “X,” the requirements for concluding … Read more

Infographic: 5 new features available for real estate brokerage contracts Learn about them

Off-plan real estate projects

Reading time: < 1 MinuteThe General Real Estate Authority announced five new features available for real estate brokerage contracts, aimed at streamlining the notarization process. In an infographic posted on its social media account “X,” the Real Estate Authority stated that the most notable of these new features is the ability to print a copy of the contract before and after notarization. The second feature is that if a title deed is added to the system… Read more

“Municipalities and Housing” raises the ratio of employment support product to 50% in cooperation with Goal“

Ministry of Municipalities and Housing - Group Housing Requirements

Reading time: < 1 MinuteThe Ministry of Municipalities and Housing announced today, Sunday, that it is increasing the financial subsidy for the employment support program from 30% to 50%, in collaboration with the Human Resources Development Fund (Hadaf). The ministry said in an infographic posted on its official account on the social media platform “X” that this step is part of efforts aimed at Saudization and increasing the percentage of Saudis in the municipal and housing sectors. Also … Read more

Al Diriyah Company signs SAR 8 billion contract to build 4 hotels and an equestrian center in Wadi Saffar

Diriyah company

Reading time: < 1 MinuteAl-Diriyah Company announced today the signing of a contract to build four luxury hotels and the Royal Equestrian and Polo Club in Wadi Safar, Al-Diriyah, as part of the region’s master plan valued at 8 billion riyals, with Saudi Orpakon, and Al-Bawani Holding Company. The companies are scheduled to begin construction soon on the project, which marks another important phase of the Diriyah project, as it comes … Read more

The General Authority for Real Estate starts real estate registration in 11 neighborhoods in Riyadh today

International Monetary Fund Riyadh office market

Reading time: < 1 Minute  Real estate registration for (113,541 properties) in 11 neighborhoods in the city of Riyadh begins today, Sunday, and will continue until the end of October 31, 2024, corresponding to Rabi’ al-Thani 28, 1446 AH. The General Real Estate Authority clarified that the neighborhoods benefiting from the real estate registry at this stage include the following: (Tuwaiq neighborhood, part of Arid neighborhood, King Abdulaziz neighborhood, Al-Suleimaniyah neighborhood, Al-Wazarat neighborhood, … Read more