Month: July 2025

«Municipalities and Housing» emphasizes compliance with warehouses and storage requirements and calls for reporting violators

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Ministry of Municipalities and Housing - Group Housing Requirements

Reading time: < 1 MinuteThe Ministry of Municipalities and Housing confirmed that the requirements for warehouses and stores aim to develop and improve the business environment, help those wishing to invest in this field, raise the level of compliance to address visual distortion, and allocate suitable sites that facilitate the distribution and delivery of goods, stressing the importance of compliance with the requirements to reduce risks, random practices and visual distortion in cities, calling for the initiative ... Read more

More than 4.6 million users of the platform until the first half of 2025

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Residential program

Reading time: < 1 MinuteThe “Sakani Platform“ recorded high numbers in its efforts to provide various housing and financing options and solutions that meet various needs to enable beneficiaries of families and individuals to own the right housing, as the number of users of the platform who are eligible for housing support and those who are not eligible for housing support until the first half of this year exceeded 4.6 million users, indicating the widening of the circle of benefiting from the services of “Sakani” ... Read more

«Decisive 90 days»: How is the Crown Prince's directive redrawing the map of rents in Saudi Arabia?

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Real Estate Marketing - Lana Al-Shabaneh - The Line

Reading time: 2 MinutesIn a move that embodies the Kingdom's ambitious reform vision, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, directed to extend the study period for regulating the relationship between landlord and tenant in the real estate market to a period not exceeding 90 days, allowing the completion of all regulatory requirements, and ensuring that the proposed solutions cover all types of real estate assets ... Read more

1.4 billion riyals to develop hotel and residential units in Makkah Path through a new investment fund

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Reading time: < 1 MinuteUmm Al-Qura Development and Construction Company, the developer and operator of Makkah's Masar destination, has announced the signing of a Memorandum of Understanding (MoU) with Nayef Al Rajhi Investment Company and Al Jazeera Capital to launch a private real estate fund with a target capital of SAR 1.4 billion to develop hotel and residential units within the destination. The collaboration comes as a strategic move to support growth in the real estate sector. Read more

Secretary of the Contractors Authority: SAR 2.2 trillion worth of projects turn the sector into a «gold mine»

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Residential program

Reading time: 2 MinutesDuring his participation in the «Real Estate and Contracting Week» organized by the Enterprise Support Center - affiliated to the Small and Medium Enterprises Authority - Abdul Hamid Al-Rashoudi, Secretary General of the Saudi Contractors Authority, revealed that the value of projects announced in the Kingdom this year reached about 2.2 trillion riyals, indicating that the contracting sector contributes about 8 % to the GDP, and abounds with investment opportunities «the size of a gold mine» in light of ... Read more

Enforcement Center oversees 55 auctions to sell 433 assets in 12 regions

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Residential program

Reading time: < 1 MinuteThe Enforcement Center announced the holding of (55) public auctions, both in person and online, to liquidate and sell (433) assets in (12) regions of the Kingdom, during the period from (1-15) July 2025. The center explained that the auctions will be held in different regions of the Kingdom, where (11) auctions will be organized in the Riyadh region to offer (78) assets, and (16) auctions in the ... Read more

“Municipalities and Housing”: Addressing objections to municipal violations within 15 days

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Ministry of Municipalities and Housing

Reading time: < 1 MinuteThe Ministry of Municipalities and Housing has confirmed that objections to violations, fines and municipal procedures are handled electronically through the “Unified Objections Platform” within a maximum of 15 days from the date of submission of the request, according to unified procedures between the concerned regulatory authorities, reflecting the ministry's commitment to justice, transparency and speed of response. The ministry said in a press release today that the platform allows the receipt of objection requests ... Read more

SAR 534 million worth of real estate financing for land purchases in May

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Real Estate - White Land Fees

Reading time: 2 MinutesIn a fresh boost to the housing market, new residential real estate financing for individuals provided by Saudi banks recorded a remarkable rise of 17% in May 2025, reaching SAR 7.376 billion, compared to SAR 6.297 billion in April of the same year, according to data from the Saudi Central Bank (SAMA). However, despite this monthly growth, the data showed an annualized decline of ... Read more

16 % Increase in the volume of real estate transactions in Medina over the past year

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Reading time: 2 MinutesThe real estate sector in Madinah achieved growth in the number of real estate deals concluded during the year (2024), with an increase of (16%) compared to the previous year (2023), supported by promising investment activities. A report issued by the Medina Chamber pointed out that the activity of the real estate sector includes the development, management and operation of tourist properties, and the work of intermediaries in land and real estate, which resulted in many investment activities ... Read more

Crown Prince directs extending the study period for regulating the relationship between landlord and tenant to no more than 90 days

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Reading time: < 1 MinuteBased on what was submitted by the General Authority for Real Estate and the relevant authorities regarding taking the necessary statutory measures to control the relationship between landlords and tenants, and in order to complete the regulatory requirements for the proposed solutions and ensure that they cover all residential, commercial and office assets, the directive of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, was issued ... Read more

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