Month: April 2026

Real estate balance decisions are paying off Real estate prices fell in Riyadh and other regions during the first quarter

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Riyadh - Housing Supply

Reading time: 2 MinutesThe effects of Saudi Arabia’s “real estate balance” policies have begun to be clearly reflected in market activity, with real estate prices declining during the first quarter of 2026—a notable shift that reflects an increase in supply and a rebalancing of supply and demand, particularly in cities that have experienced a price surge in recent years. Data from the General Authority for Statistics showed a decline in the real estate price index in … Read more

NHC launches smart sales agent to boost sales efficiency and improve customer experience

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Reading time: < 1 MinuteNHC CEO Mohammed bin Saleh Al-Bati launched “Sales Agentic AI,” in a groundbreaking move aimed at enhancing the customer journey and improving operational efficiency through the adoption of emerging technologies and artificial intelligence, thereby helping to increase conversion rates and enhance the ownership experience. The launch of the Smart Sales Agent comes in response to the growing interest among customers in NHC’s destinations and projects … Read more

894 individual violations recorded and 17 violating facilities monitored during monitoring tours of the Engineers Authority

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Reading time: < 1 MinuteIntensive inspection tours conducted by the Saudi Council of Engineers revealed 894 individual violations, in addition to 17 non-compliant facilities, during visits to more than 20 companies across a number of sectors, including construction, turnkey contracts, and project management. The inspections included a review of the status of more than 5,200 practitioners to verify the legality of their professional practice and their compliance with requirements to obtain … Read more

Infographic | 32,983 Saudi families occupied their first home in Q1 2026

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Reading time: 2 MinutesThe Ministry of Municipalities and Housing announced that 32,983 Saudi families moved into their first homes during the first quarter of 2026, as part of its ongoing efforts to enable Saudi families to own suitable housing, and to provide diverse housing solutions to eligible families across the Kingdom. The Ministry clarified that the total number of Saudi families benefiting from housing support services during the same period reached 23,222, with … Read more

Single-family housing: The phenomenon that is redrawing the map of real estate demand in Saudi Arabia

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Reading time: 7 MinutesIn an unprecedented demographic and social shift, Saudi society is witnessing a remarkable rise in the phenomenon of “living alone” among young people of both genders. For the first time in the Kingdom’s history, a growing segment of young people is moving toward living independently before marriage, driven by profound economic and social changes. The impact of this radical shift is not limited to the social fabric; it extends to reshaping the real estate demand landscape … Read more

Details... Learn about the updated schedule of penalties for municipal violations, licenses and damage to facilities

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Municipal Sanctions Schedule

Reading time: 2 MinutesThe Ministry of Municipalities and Housing has approved an update to the schedule of penalties for municipal violations, which includes fines ranging up to 50,000 riyals, with the aim of regulating commercial and service activities, protecting public facilities, and improving the urban landscape in various regions of the Kingdom.The schedule of penalties for municipal violations aims to enhance compliance with regulatory, technical, and health requirements by precisely defining fine amounts based on the type of violation and its severity, … Read more

«Zatca invites businesses to submit VAT returns for March and Q1 2026

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Reading time: < 1 MinuteThe Zakat, Tax, and Customs Authority (ZATKA) has called on businesses subject to value-added tax (VAT) whose annual supplies of goods and services exceed 40 million riyals to file their tax returns for the month of March, while businesses whose annual supplies do not exceed 40 million riyals were urged to file their tax returns for the first quarter of 2026, in … Read more

Saudi real estate companies achieve profits of SAR 8 billion with a rise of 130% in 2025

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Real estate data visualization

Reading time: 2 MinutesReal estate management and development companies listed on the Saudi Stock Exchange posted strong financial performance in 2025, driven by a marked improvement in revenue and the restructuring of their real estate portfolios, which led to a significant doubling of profits. The sector’s profits rose by more than 130% to reach approximately 8.1 billion riyals, compared to 3.5 billion riyals in the previous year, supported by growth … Read more

«Municipalities and Housing» launches the Innovation Council to raise the efficiency of municipal and housing services

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Ministry of Municipalities and Housing

Reading time: < 1 MinuteThe Ministry of Municipalities and Housing launched the “Innovation Council,” in a move aimed at establishing innovation as an institutional approach to developing the municipal and housing sectors and improving the efficiency of services provided to beneficiaries, thereby enhancing the quality of life in the Kingdom’s cities and provinces. The launch of the Council is an extension of the Ministry’s efforts to strengthen integration among the components of its system and to enable relevant entities to discuss priority challenges within a participatory framework, … Read more

In the presence of «Al-Haqeel». The Digital Entrepreneurship Council reviews models of real estate technology solutions and real estate finance platforms

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Reading time: < 1 MinuteThe Digital Entrepreneurship Council “CODE,” affiliated with the Ministry of Communications and Information Technology, hosted His Excellency Majid bin Abdullah Al-Hogail, Minister of Municipalities and Housing, in the presence of His Excellency Engineer Abdullah bin Amer Al-Sawaha, Minister of Communications and Information Technology, along with entrepreneurs and investors in artificial intelligence and technology, to discuss the unique opportunities offered by the real estate sector and smart city solutions, and to promote growth opportunities for technology companies … Read more

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