Month: May 2026

«Sakan» signs a tripartite agreement to launch the «Empowerment and Housing» initiative»

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Reading time: < 1 MinuteThe International Nonprofit Sector Exhibition “INA 2026,“ held from May 11 to 13 at the Riyadh International Convention and Exhibition Center, witnessed the signing of a tripartite agreement between ”Support and Empowerment of Mobile Vendors,“ the Community-Based Developmental Housing Foundation ”Sakan,“ and the Kafa’ah Association for Community-Based Operation and Maintenance, to launch the ”Empowerment and Housing” initiative, which aims to promote housing stability and the economic and social empowerment of beneficiary groups. The agreement was signed by … Read more

Two opportunities in the «Haram View» real estate auction»

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Mazlad East Abha - Property Makkah

Reading time: < 1 MinuteThe East Abha Auction Agency, under the supervision of the Enforcement and Liquidation Center «Enfaaz» and pursuant to a decision by the Enforcement Court, announces that the “View of the Haram” auction will be held from Wednesday, June 3, 2026, through Monday, June 8,June 2026, electronically via the Mubashir auction platform, starting at 1:00 p.m. on Wednesday and ending between 6:00 p.m. and 6:30 p.m. on Monday. The auction features two rare real estate opportunities in exceptional locations in … Read more

Why has the rental market overtaken real estate deals?

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Real Estate Indicators - Real Estate Indicators

Reading time: < 1 MinuteData released by the General Real Estate Authority showed significant variation in sales and rental transaction indicators during March 2026, with the value of residential sales transactions falling by 67% to 12.03 billion riyals, while the rental market recorded growth of 6%, reaching 7.66 billion riyals.The data confirms that rent has become a basic necessity that cannot be postponed or put off; therefore … Read more

Precision-engineered lifting and installation of bridges around King Abdullah Financial Center

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Reading time: < 1 MinuteAs part of the advanced implementation phases of the project to develop the road network surrounding the King Abdullah Financial District (KAFD)—which is now more than 35% complete— the Royal Commission for Riyadh City carried out a precise engineering operation to lift and install two overpasses using specialized cranes and equipment, as part of the ongoing construction work to develop one of the most vital transportation corridors in northern Riyadh. The lifting operations were carried out in accordance with … Read more

The real estate market in the first week of May 4,172 transactions worth 3.3 billion riyals

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Reading time: 2 MinutesThe average real estate price per square meter recorded a significant decline last week, amid notable changes in the volume and value of transactions across various cities, reflecting volatility in buying and selling activity. According to data from the Real Estate Exchange, the average price per square meter fell by approximately 35%, dropping from 115 riyals the week before last to about 75 riyals during the week … Read more

Including land encroachments and mass housing 1.6 million inspections carried out by regional secretariats in the first quarter

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Ministry of Municipalities and Housing

Reading time: < 1 MinuteThe Ministry of Municipalities and Housing, represented by the regional secretariats, carried out more than 1.6 million control rounds during the first quarter of 2026, as part of its ongoing efforts to enhance compliance, raise the quality of municipal services, improve the urban landscape, and protect public health in various cities and governorates of the Kingdom. The Ministry explained that the control tours included a number of field and organizational tracks, including the control of ... Read more

Infographic: When will white land tax invoices be issued and who will be targeted?

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Reading time: < 1 MinuteThe Vacant Land and Unoccupied Real Estate Program outlined the key details regarding vacant land fees, the mechanism for imposing the fees, and the steps for filing objections, in addition to the procedures for processing requests and the deadlines for issuing invoices. The program specified that fees are levied annually on vacant land where the area—or the total area of land owned by a single owner within the city—is 5,000 square meters or more. Fee rate and urban development priorities: 10% … Read more

«Enforcement supervises 46 real estate auctions to sell 528 assets in different regions in two weeks

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Reading time: < 1 MinuteThe Support and Liquidation Center (Enfor) is overseeing 46 real estate auctions during the period from May 15 to 31, 2026, to sell 528 diverse real estate properties, including residential, commercial, and agricultural properties, spread across several regions of the Kingdom. The Riyadh region topped the list of real estate auctions with 17 auctions for the sale of 103 properties, followed by the Makkah region with 8 auctions for the sale of 149 properties, while … Read more

Saudi real estate transactions fall 65% to 19.37 billion riyals in March

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Reading time: 2 MinutesThe Saudi real estate market witnessed a significant annual decline in the value of transactions during March 2026, amid a clear decrease in the activity of the residential and non-residential sectors, in conjunction with the advent of Ramadan and the Eid al-Fitr holiday, while the rental market continued to record uneven growth at the level of values and contracts. According to data from the General Authority for Real Estate, the value of real estate transactions in the Kingdom decreased by ... Read more

Learn about the reasons for stopping mortgage subsidies and the mechanism to inquire electronically

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Residential platform

Reading time: 2 MinutesThe “Sakani” platform, affiliated with the Ministry of Municipalities and Housing, revealed the main reasons for suspending existing mortgage support for some beneficiaries, emphasizing that the approved regulatory measures aim to ensure that housing support reaches eligible groups and to achieve fairness in the distribution of support programs in accordance with specified guidelines. The platform clarified that the suspension of applications for existing mortgage support applies to beneficiaries who … Read more

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