Month: August 2025

9 Real Estate Opportunities at the Toast of Sharqia Auction

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Reading time: < 1 MinuteArkan Al-Kayan Real Estate Company, under the supervision of the Enforcement and Liquidation Center «Enfaذ,» announces the “Nakhb Al-Sharqiyah” hybrid auction to be held on August 27, 2025, in person at 4:00 p.m. at the Holiday Inn Al Corniche Hotel in Al-Khobar and online via the Saudi Auctions Platform starting at 4:00 p.m. The auction will feature 9 distinctive real estate opportunities in exceptional locations in the most prominent neighborhoods of Al-Khobar … Read more

The Real Estate Fund signs a tripartite agreement allowing ownership in 24 residential projects

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Real Estate Development Fund - Your Subsidy Equals Your Installment - Direct Lending

Reading time: < 1 MinuteHis Excellency Majid bin Abdullah Al-Hogail, Minister of Municipalities and Housing, the signing of a tripartite agreement between the Real Estate Development Fund (REDF), the National Housing Company (NHC), and the Saudi National Bank at the REDF headquarters in Riyadh, in a move that enhances homeownership opportunities and supports the stability of the real estate market. The agreement aims to enable beneficiaries to purchase homes in more than 24 residential projects spread across various regions of the Kingdom, … Read more

Enforcement Center holds 75 auctions to sell 564 assets in a number of regions

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Residential program

Reading time: < 1 MinuteThe Enforcement and Liquidation Support Center “Enfaz” announced that it will hold 75 public auctions—both in-person and online—to liquidate and sell 564 various assets in a number of cities and regions across the Kingdom during the period from August 18 to 31. “Enfaz” explained that the real estate auctions will be held in various regions of the Kingdom and will include properties, land, and movable assets, with 27 auctions scheduled to take place in Riyadh … Read more

Infographic / White Land Fees Regulation: Details of conditions, incentives and evaluation mechanism

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Reading time: < 1 MinuteThe program on fees for undeveloped land and vacant properties highlighted the key provisions of the executive regulations governing fees for undeveloped land, explaining their scope of application, the assessment mechanism, and the available incentives, as well as the allocation of revenues and the regulatory procedures that must be followed. According to the regulations, fees on undeveloped white land located within the declared urban area apply to areas that … Read more

Tariq Al-Shaheeb: New maps to be issued based on the updated white land fee regulations during the next phase

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Reading time: 2 MinutesDuring his appearance on the “Real Estate Monday” program, organized by the General Real Estate Authority every Monday, Mr. Tariq Al-Shehib, General Supervisor of the Vacant Land Fees Program, emphasized that the new executive regulations aim to improve the efficiency of the real estate market and achieve a balance between supply and demand, in addition to stimulating the development of vacant land in locations where cities need it, thereby contributing to an increase in … Read more

Dammam is on a date with a million real estate auction with areas exceeding 7 million m2

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Measurement House Logo

Reading time: < 1 MinuteDar Al-Qiyas Auctions, under the supervision of the Enforcement and Liquidation Center («Enfaaz»), announces that the “Dammam Crude“ hybrid public auction will be held on Monday, September 01, 2025,01, corresponding to 03/09/1447 AH, in person at 4:30 p.m. at the Kempinski Al-Othman Hotel in Dammam, and online via the Saudi Auction Platform. The auction will feature two plots of raw land with a total area exceeding 7,800,000 square meters within the development boundaries of Dammam. These plots are distinguished by … Read more

Infographic: Highlights of the Executive Regulations for White Land Fees

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Reading time: < 1 MinuteThe updated executive regulations on vacant land fees have set the fee rate for vacant land at 10% of the land’s value, in line with urban development priorities and plans. This measure aims to encourage landowners to develop or sell their land, thereby helping to increase the supply of land and achieve balance in the real estate market. The regulations also cover all land uses … Read more

“Umm Al-Qura signs SAR 375 million residential tower development agreement at Masar”

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Reading time: < 1 MinuteUmm Al-Qura Development and Construction Company, the owner, developer, and operator of the “Masar“ destination, announced the signing of a contract to sell a 2,671.21-square-meter plot of land in the heart of the project’s central area, adjacent to King Abdullah Mosque, to “Jazil Al-Binaa,” which represents a real estate fund managed by “SEDCO Capital.” The contract aims to develop a residential tower comprising approximately 200 residential units, with an estimated investment of 375 … Read more

Wooden doors in historic Jeddah. Silent witnesses to the past

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Reading time: < 1 MinuteThe antique wooden doors scattered throughout the alleys and lanes of historic Jeddah embody the distinctive features of Hijazi architecture, serving as both functional and decorative elements, They have retained their aesthetic appeal over hundreds of years, becoming a symbol of the urban identity that qualified the region for inclusion on UNESCO’s World Heritage List. These doors are crafted from teak and walnut wood imported from India and East Africa, known for their durability … Read more

Cement, concrete and sand prices fall in July

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Cement

Reading time: < 1 MinutePrices of construction materials in Saudi Arabia fluctuated during the month of July, with cement prices declining on a month-over-month basis, while prices for concrete, sand, and concrete blocks varied, according to the bulletin on average prices of goods and services issued by the General Authority for Statistics. Decline in Cement Prices The data showed that the price of a bag of black cement fell by 1.3% to 15.6 riyals, while … Read more

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