Month: August 2025

Use of digital ID to allow non-Saudis to own real estate

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Riyadh - Business - Localization of real estate activities and professions

Reading time: < 1 MinuteThe Cabinet approved the use of digital identity to allow non-resident non-Saudis to own real estate in Saudi Arabia, provided that the General Real Estate Authority (GRA), in coordination with the Ministry of Interior, the Saudi Data and Artificial Intelligence Authority (SDAIA), the National Information Center (NIC), and any other relevant parties it deems necessary, will develop the necessary mechanisms to activate this identity. The Council's decision clarified that the Authority and other authorities should ... Read more

China's housing price declines slowed last month

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China's real estate market

Reading time: < 1 MinuteThe pace of decline in commercial housing prices in China's 70 large and medium-sized cities continued to shrink year-on-year in July, official data released by China's National Bureau of Statistics (NBS) showed yesterday. According to the data, new housing prices in the four first-tier cities of Beijing, Shanghai, Guangzhou and Shenzhen fell by 1.1% in July, compared with a year earlier. Read more

Rebar and timber prices fall and electrical wires are mixed in July

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Steel Prices - Rebar

Reading time: < 1 MinuteDuring July 2025, the building materials markets in Saudi Arabia witnessed a noticeable decline in the prices of rebar and timber, along with varying decreases in the prices of electrical wires and cables, according to the latest construction goods bulletin issued by the General Authority for Statistics, and these price movements reflect the dynamics of the local market and changes in demand and supply in the construction sector. Statistics Authority data showed a stable ... Read more

Sharqiya... New version of Madinaty app launches with improved geographical indicators

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Residential program

Reading time: < 1 MinuteHis Excellency the Deputy Minister of Municipalities and Housing, Mr. Ihab bin Ghazi Hashani, visited yesterday the Smart City Operations Management Center at the Eastern Province Municipality, which represents a qualitative leap in the management and operation of municipal services in the region. During the visit, His Excellency inaugurated the new version of the GIS 2.0 services ... Read more

“Statistics”: The Kingdom's inflation rate stabilized at 2.1% during July 2025

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Residential program

Reading time: < 1 MinuteThe General Authority for Statistics revealed that the annual inflation rate in the Kingdom recorded a relative stability of 2.1% during the month of July 2025, compared to its counterpart last year, and the consumer price index stabilized in July 2025, compared to June 2025, on a monthly basis, as the prices of most sections did not record any significant relative change. In the same context, the ... Read more

“Makkah Chamber” reviews the advantages provided by the real estate ownership system for non-Saudis

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Reading time: < 1 MinuteLast week, the Makkah Chamber of Commerce organized a workshop entitled “Non-Saudis Ownership of Real Estate System“, in cooperation with the General Real Estate Authority, in the presence of a group of investors and entrepreneurs. The workshop aimed to review the new regulations and controls, highlighting the advantages provided by the system and the investment opportunities that enhance the competitiveness of the Saudi real estate market to promote openness and build investment bridges that draw ... Read more

Deputy Minister of Municipalities and Housing inspects the efforts of the Eastern Municipality in promoting urban identity

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Residential program

Reading time: < 1 MinuteHis Excellency the Deputy Minister of Municipalities and Housing, Mr. Ihab bin Ghazi Hashani, was briefed on the Saudi Architecture Unit at the Urban Design Studio, which was launched by the Municipality to enhance the urban identity and raise the quality of the urban landscape, which will start on November 1, 2025, during his visit to the headquarters of the Eastern Province Municipality yesterday. His Excellency reviewed the Crisis and Risk Center, watching a presentation on the project to rehabilitate the ... Read more

Infographic: 3 key points in the executive regulations of white land fees

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Reading time: < 1 MinuteThe Ministry of Municipalities and Housing has announced the highlights of the updated executive regulations for white land fees for 2025, which aim to support urban development efforts and incentivize the investment of unutilized land within the urban ranges. 1. Percentages of the fee The percentage of the fee on white land reaches 10% of the value of the land, according to the priorities of urban development, and the percentages vary according to the priority: 10 % ... Read more

Luxury offices in Riyadh and Dubai Unprecedented demand and record prices

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Riyadh city

Reading time: 2 MinutesThe luxury office markets in Riyadh and Dubai are witnessing a frantic race among regional and global companies to secure strategic locations with high-end specifications, as headquarters become a competitive tool that reflects the strength of the brand. With Class A space filled to near-full levels, investors and tenants are turning their attention to new developments, reflecting the dynamism of a real estate market that continues to ... Read more

Are white land fees fixed? Program Supervisor Tariq Al-Shaheeb answers

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Residential program

Reading time: < 1 MinuteTariq Al-Shaheeb, supervisor of the White Land Fees Program, confirmed during a phone call with Al-Ikhbariya TV that the White Land Fees regulation is characterized by its flexibility in reviewing the situation annually for each city or geographical area. He explained that this review includes a comprehensive study of the size of the real estate supply, trading movement, and price levels, in addition to following up and monitoring any monopolistic practices that may affect ... Read more

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