The Real Estate Fund deposits more than one billion riyals in the accounts of “Residential” beneficiaries for January

Residential program

Reading time: < 1 MinuteThe Real Estate Development Fund today deposited one billion and fifteen million riyals in the accounts of the beneficiaries of the residential program from the Ministry of Municipalities and Housing and the Real Estate Fund for the month of January 2025. According to the CEO of the Real Estate Development Fund, Mansour bin Madi, the total support for the month of January was allocated to support the profits of the contracts of various housing support programs, with the aim of improving the ability of beneficiaries to own housing, in order to achieve the targets of ... Read more

President of the Real Estate Authority: 1131 licenses issued for foreign investments in the third quarter of 2024

Reading time: < 1 MinuteMore than 1,131 licenses were issued for foreign real estate investments during the third quarter of 2024, reflecting the great confidence enjoyed by the real estate sector in the Kingdom and confirming Saudi Arabia's position as a major destination for investment on an international level, Abdullah bin Saud Al Hammad, CEO of the General Real Estate Authority (GRA), announced on Monday. In his speech at the opening of the “Real Estate Forum", Al Hammad expressed his confidence in the Kingdom's real estate sector. Read more

Head of NHC: 300,000 housing units by 2025 with the launch of new digital innovations

Reading time: 3 MinutesThe National Housing Company (NHC) will be able to reach its first goal of pumping more than 300,000 housing units in 17 different destinations around the Kingdom before the end of 2025, according to Mohammed Al-Batti, CEO of the company, noting that the latest of these projects was in Al-Ahsa Governorate, which will accommodate more than one million people, in ... Read more

Saudi Arabia's construction sector expected to grow significantly through 2026

Reading time: < 1 MinuteAt a time when Saudi Arabia is undergoing a massive transformation, the construction sector seems to be one of the main beneficiaries of this development. According to Bain & Company's forecasts, the sector will grow between 3.5% and 4.5% annually until 2026, thanks to the mega projects launched by the Saudi government. What are the key factors driving this growth? Read more

Supply and demand determines real estate prices

Dr.. Dr. Moans Shujaa writes about: Teamwork and Startups

Reading time: < 1 MinuteSupply and demand determine real estate prices Dr. Moanes Shujaa When searching for a property, whether for purchase or rent, we are often faced with the change in the market value of real estate prices offered in short periods of time, which often raises questions about the reasons that lead to this change within a small period of time, especially in the capital, Riyadh, ... Read more

The Future of Real Estate Forum promotes the role of the real estate sector in achieving sustainable development

Future of Real Estate Forum

Reading time: 2 MinutesThe Future of Real Estate Forum kicked off in Riyadh on Monday, under the patronage of His Excellency the Minister of Municipalities and Housing and Chairman of the Board of Directors of the General Authority for Real Estate, Mr. Majid bin Abdullah Al-Hogail, during the period from January 27-29, 2025, under the slogan “A Future for Humanity ... From Dreams to Reality”. With the participation of more than 120 countries and 500 speakers representing the public and private sectors, the ... Read more

After its opening. Learn about the program for the first day of the fourth edition of the Future of Real Estate Forum

Future of Real Estate Forum

Reading time: 2 MinutesThe Public Authority for Real Estate (P.A.R.E.), in partnership with the Ministry of Municipalities and Housing, launched on Monday the fourth edition of the Future of Real Estate Forum from January 27-29, under the theme “A Future for Humanity: From Dreams to Reality”, with the participation of more than 120 countries and 500 speakers representing the government and private sectors, in addition to a number of prominent figures at the local and international levels. ... Read more

With the participation of 120 countries. Minister of Municipalities and Housing inaugurates the fourth edition of the Future of Real Estate Forum

Future of Real Estate Forum

Reading time: 2 MinutesThe fourth edition of the Future of Real Estate Forum, which runs from January 27 to 29, opened today in Riyadh, Saudi Arabia, under the auspices of the General Real Estate Authority (GRA) and in partnership with the Ministry of Municipalities and Housing. This year's forum has an ambitious theme: “A Future for Humanity: From Dreams to Reality”, to reflect the Kingdom's orientation towards building a sustainable and prosperous real estate future. International participation ... Read more

8 billion riyals in real estate transactions in a week

Real estate stock exchange

Reading time: < 1 MinuteDuring the week ending January 23, 2025, the real estate market in the Kingdom of Saudi Arabia witnessed remarkable activity, as the real estate exchange recorded the implementation of 7187 transactions, with a total value of more than 8 billion riyals, and a traded area of about 31 million square meters. These figures reflect the continuity of the active movement in the market, driven by the increasing demand for land and housing in various regions. On ... Read more