Month: September 2025

Jeddah's mega-deals jumped the real estate market during last week's trading

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Reading time: < 1 MinuteLast week, the Saudi real estate market saw a remarkable rebound following a period of uncertainty, driven by a number of major real estate transactions in Jeddah, which led to a record increase in average sales prices across the Kingdom of 29.51% compared to the previous week, according to data from the Real Estate Exchange platform. In just seven days, 4,796 real estate transactions were completed, with a total value exceeding 9 billion … Read more

3D printed homes: A quick fix for the housing crisis?

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Construction Technology - 3D Printing

Reading time: 2 MinutesAs the housing crisis worsens in cities around the world and the costs of construction, materials, and labor rise, 3D printing technology for residential buildings has emerged as a bold promise — building a home in a matter of days, at a lower cost, with less construction waste, and designs unconstrained by traditional templates. But it is no magic bullet: the market is nascent, and pioneering projects remain promising experiments facing technical, legal, and commercial hurdles before … Read more

Luxury real estate investment and the impact of the residency program

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Hisham Al Qasem Real Estate Articles - Real Estate Investment - National Day 95 - Housing Projects Don't buy a property without a consultant - The Journey of Home Ownership

Reading time: < 1 MinuteLuxury Real Estate Investment and the Impact of the Special Residency Program Architect Dr. Hisham Al-Qasim notes that the Saudi real estate market, particularly the luxury real estate sector, is experiencing rapid growth driven by multiple factors, including legislative reforms, major projects, and evolving demand patterns. The Special Residency Program stands out as one of the key drivers, offering foreigners and international investors unprecedented opportunities for home ownership and direct investment. According to a Knight Frank report … Read more

In detail... Articles of the Law on Expropriation of Real Estate for Public Interest and Temporary Seizure of Real Estate after its publication in the Official Gazette

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Territory

Reading time: 14 MinutesIn its latest issue published last Friday, the official gazette “Umm al-Qura” published the text of the regulation on the expropriation of real estate for the public interest and the temporary seizure of real estate, which had recently been approved by the Council of Ministers. According to Umm Al-Qura, the new regulation contains 39 articles governing the procedures and mechanisms for expropriation and temporary seizure, ensuring the public interest is served in accordance with regulations … Read more

Riyadh Infrastructure Center issues more than 17 thousand licenses and handles 7 thousand reports during the past month

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Reading time: < 1 MinuteThe Riyadh Region Infrastructure Projects Center released its August 2025 report on the performance of service providers, with the aim of monitoring the performance of entities implementing infrastructure projects and the services they provide, in order to identify opportunities for improvement and enhance the quality of life in the region. The report showed that more than 17,000 active permits were issued during August, in addition to the processing of more than 7,000 complaints, led by complaints regarding … Read more

Ministry of Municipalities and Housing tightens controls to monitor housing unit zoning violations

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Ministry of Municipalities and Housing

Reading time: < 1 MinuteThe Ministry of Municipalities and Housing emphasized the continuation of regulatory efforts through regional secretariats in various cities across the Kingdom to monitor and address violations involving the irregular subdivision of investment properties, affirming its commitment to addressing any practices that do not comply with approved municipal regulations, in order to preserve the quality of life and the urban fabric within residential neighborhoods. The Ministry clarified that regional secretariats are continuing to conduct inspection tours … Read more

Variation in the nominal value of stocks: Between corporate freedom and market transparency

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Abdulhakim Al-Kharji - 95th National Day

Reading time: 2 MinutesVariations in the Par Value of Shares: Between Corporate Freedom and Market Transparency Dr. Abdulhakim bin Abdullah Al-Kharji With the development of the Saudi financial market and the expansion of the base of listed companies, it has become noticeable that some companies are adopting a par value for shares that differs from the norm, as some companies issue their shares at a par value of 1 riyal, while the majority still use a par value of 10 riyals. Although … Read more

“Zatca calls on businesses to submit VAT returns for last month

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Zakat, Tax and Customs Authority

Reading time: < 1 MinuteThe Zakat, Tax, and Customs Authority (ZATKA) has called on businesses subject to value-added tax (VAT) whose annual supply of goods and services exceeds 40 million riyals to file their tax returns for the month of August, by no later than September 30. ZATCA urged businesses to promptly file their tax returns via the website (https://zatca.gov.sa/ar/Pages/default.aspx), or … Read more

Al-Ahsa governor reviews developmental housing achievements in the governorate

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Residential program

Reading time: < 1 MinuteHis Royal Highness Prince Saud bin Talal bin Badr, Governor of Al-Ahsa and Chairman of the province’s Executive Committee for Developmental Housing, chaired the committee’s first meeting today at the provincial headquarters. The meeting was attended by Engineer Abdullah bin Hussein Al-Muwaihi, Director General of Housing Affairs for the Eastern Province, and committee members comprising officials from relevant agencies. During the meeting, His Royal Highness emphasized that providing decent housing for the most needy families is considered … Read more

Survey: Promoting real estate projects and auctions: Between Influencer Awareness and Marketer Expertise (2)

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Saqr Al-Zahrani Real Estate Projects

Reading time: 2 MinutesSaqr Al-Zahrani, a marketing specialist, emphasized that experience in promoting real estate projects or auctions through influencers and marketing agencies has shown that the process is more complex than a mere passing advertisement, explaining that an influencer, at their core, does not sell a product, but rather creates awareness, sparks curiosity, and generates discussion about the project. As for private marketing agencies, they save time and provide expertise … Read more

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