Real estate brokers say: We are living in the era of “professional transformation” with comprehensive organizational and digital support

Reading time: < 1 MinuteThe first session of the second edition of the Real Estate Brokerage Forum kicked off yesterday, amid a focus on the qualitative shifts witnessed by the real estate brokerage sector in the Kingdom, in light of the adoption of advanced digital tools and the introduction of innovative services that serve the market and support the role of the real estate broker in the comprehensive real estate system. The first session of the Real Estate Brokerage Forum witnessed the review of three main services directed ... Read more

Enforcement Center oversees 74 auctions to sell 719 assets in 12 regions

Residential program

Reading time: < 1 MinuteThe Enforcement Center announced the holding of (74) public auctions, both in-person and electronic, to liquidate and sell (719) assets in (12) regions of the Kingdom, during the period from (21-31) July 2025. The Enforcement Center explained that the auctions will be held in different regions of the Kingdom, where (21) auctions will be organized in the Riyadh region to offer (153) assets, and (18) auctions in ... Read more

“Sustainable construction”: 200% rise in sustainability assessment requests in first half

Residential program

Reading time: 2 MinutesThe Sustainable Building Program revealed that the number of sustainability assessment service requests has tripled compared to what was submitted during the past five years, following the launch of the program's electronic platform, the automation of the procedures for obtaining its services, in addition to the development of the ready-made building inspection service to enable real estate developers to submit inspection requests for villa complexes and residential buildings, with the possibility of ... Read more

Robots are invading construction sites Are they threatening the future of the human worker?

Reading time: 3 MinutesRobots are invading construction sites Robots have become a pivotal element in modern construction sites, no longer limited to the human worker and engineering theories, but a tangible reality that translates into machines that build walls, pour concrete, and perform welding work, with speed and accuracy that surpasses the capabilities of humans. The radical transformation led by ... Read more

With the participation of a group of experts. Real Estate Brokerage Forum discusses updating legislation in the sector

Real Estate Brokerage Forum 2nd Edition 2

Reading time: < 1 Minute  In conjunction with the second anniversary of the implementation of the Real Estate Brokerage System, the General Authority for Real Estate organized yesterday evening, Sunday, July 20, 2025, the second edition of the Real Estate Brokerage Forum, which discussed legislative updates, empowerment opportunities, and the role of real estate brokers in building the value of the real estate product and maximizing its sustainability, with the participation of a group of experts, practitioners and interested parties in the sector. The Authority emphasized ... Read more

Takateb Real Estate launches «Upper Makkah» online auction

Residential program

Reading time: < 1 MinuteTakabat Real Estate Auctions announces the holding of an online auction titled “Upper Makkah Auction” on Thursday, July 24, 2025 at 10:00 am, via Mubasher Auction Platform, and will continue until Saturday, July 26, 2025 at 10:00 pm, until Saturday, July 26, 2025 at 10:00 pm. The auction offers a unique and rare investment opportunity consisting of an 809.25 square meter hotel, located in ... Read more

Rabigh's Treasures Auction offers great investment opportunities

Reading time: < 1 MinuteSharq Abha Auctions, under the supervision of the Enforcement and Liquidation Center, and by decision of the Execution Court, announces that the «Treasures of Rabigh» auction will be held electronically for three days, the auction will start on 07/28/2025 at: 01:00 p.m. The auction ends on 2025/07/30 at 6:00 pm via Sumtech's auction platform. The auction offers 2 real estate investment opportunities in strategic locations, where the properties are located on the most important ... Read more

Video... Learn about the early repayment initiative and benefit from a discount of up to 24%

Reading time: < 1 MinuteAre you a direct lending beneficiary of the Real Estate Development Fund? Now you have a golden opportunity to ease your financial obligations and benefit from a discount of up to 24% through the Early Repayment Initiative for direct lending beneficiaries before 2017. What is the Early Repayment Initiative? The Early Repayment Initiative is an initiative specially designed to help you ease the burden of installments, and is intended for beneficiaries of the old system of... Read more

“Real Estate Authority”: The Real Estate Brokerage Forum is an intellectual platform to develop the profession and strengthen partnerships

Reading time: < 1 MinuteThe General Real Estate Authority (GRA) launched on Sunday the second edition of the “Real Estate Brokerage Forum” at the Riyadh International Convention and Exhibition Center to enrich real estate awareness and meet with experts, specialists and real estate practitioners to exchange visions and ideas and discuss the future of the sector. The General Authority for Real Estate explained that the main objective of organizing the “Real Estate Brokerage Forum” is to build an intellectual and professional platform that contributes to the development of the profession and achieving ... Read more

Cement prices rise. Concrete, gypsum and sand prices fell over the past month

Reading time: < 1 MinuteThe prices of building materials in Saudi Arabia during last June witnessed a remarkable variation, as cement prices recorded a slight increase, while concrete prices and a group of basic materials used in the construction sector decreased significantly, according to the latest data of the General Authority for Statistics (GASTAT). According to the data, cement prices in the Saudi market during the month of June 2025 recorded a slight increase on a ... Read more