Month: June 2026

Who Will Own the Cities of the Future?

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Smart cities

Reading time: 2 MinutesFor decades, we have been accustomed to viewing land as the foundation of real estate wealth, and to measuring an investor’s value by the number of square meters they own. However, rapid economic and technological shifts are now raising a different question: Is land still the sole source of power in the real estate sector, or has data become the most valuable asset? In Saudi Arabia, the number of homes occupied by Saudi families … Read more

«PropTech» Discusses Cooperation and the Transfer of Global Expertise in Real Estate Technology with FIABCI Leaders in Vienna

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Reading time: 2 MinutesProptec participated in the 76th session of the FIABCI World Congress, held in Vienna, alongside an international audience comprising a select group of real estate industry leaders and experts. This participation is particularly significant given that FIABCI is a global professional organization specializing in the real estate sector and holds special consultative status with the United Nations Economic and Social Council (ECOSOC). The event… Read more

 Fal Licenses… How Did They Redraw the Professional Landscape of the Real Estate Sector?

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Real Estate Marketing Emoji

Reading time: 2 MinutesOver the past decades, the real estate sector in the Kingdom of Saudi Arabia has witnessed rapid growth in the volume of investments, projects, and real estate transactions. However, the true development of any sector is not measured solely by the volume of its capital, but rather by the maturity of its profession, the clarity of its employees’ responsibilities, and the high level of professionalism in the services provided to its clients. For many years, real estate activity has been associated in the public mind with a single concept … Read more

The decline in real estate prices knows no bounds

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Real estate marketing and platforms

Reading time: 2 MinutesThe transformations currently taking place in the Kingdom’s real estate sector—marked by the availability of real estate products and a gradual decline in their prices— are clear evidence of the authorities’ commitment to ensuring that this sector, in particular, remains stable and prosperous at all times, free from crises of any kind that might arise from an imbalance between supply and demand—which would result in a significant rise in prices… Read more

Two Exceptional Real Estate Opportunities at the «Upper Riyadh» Auction»

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Auction by Huwaya Company in Upper Riyadh

Reading time: < 1 MinuteHewaya Auctions, under the supervision of the Enforcement and Liquidation Center «Enfaaz,» announces an auction «Upper Riyadh» online auction, which begins on Monday, June 22, 2026, at 1:00 p.m. and ends on Sunday, June 28, 2026, between 4:30 and 5:00 p.m., via the Somtek auction platform.The auction features two adjacent real estate opportunities on Jabal Al-Soudah Road, near Al-Olaya Road, consisting of two plots … Read more

«Al-Haqil Opens the Saudi-Chinese Contractors Forum and Strengthens Partnerships in Housing and Urban Technologies

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Reading time: 3 MinutesHis Excellency Majid bin Abdullah Al-Hogail, Minister of Municipalities and Housing, opened the “Saudi-Chinese Contractors Forum” today in Shenzhen, People’s Republic of China, as part of an official visit to China from June 13 to 16, aimed at strengthening strategic partnerships in the housing, construction, infrastructure, and smart technology sectors, and opening new horizons for cooperation and investment … Read more

Signing of Memoranda of Understanding and Strategic Partnerships at the Conclusion of the Saudi-Chinese Construction Forum

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Reading time: < 1 MinuteThe “Saudi-Chinese Construction Forum” was launched today in Shenzhen, People’s Republic of China, under the patronage of His Excellency Majid bin Abdullah Al-Hogail, Minister of Municipalities and Housing, with the participation of representatives from the China International Contractors Association (CHINCA) and the China Chamber of Commerce for International Contractors, as well as a select group of leading Saudi and Chinese companies in the construction sector. This strategic move aims to build a sustainable institutional partnership … Read more

8 Real Estate Opportunities at the Half Moon Raw Auction

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Reading time: < 1 MinuteThe Ibrahim Al-Qaraawi Real Estate Foundation, under the supervision of the Support and Liquidation Center «Enfaaz,» announces that an auction for “Half Moon Raw Land” to be held online on June 21, 2026, via the Mubasher auction platform from 9:00 a.m. to 6:10 p.m. The auction features 8 opportunities in strategic locations in the most prominent neighborhoods of Dammam. The first property consists of a raw plot of land with an area of 800,523.65 … Read more

«The Ministry of Municipalities and Housing is stepping up its efforts to ensure compliance regarding vacant land before the deadline for rectification expires

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Reading time: < 1 MinuteThe Ministry of Municipalities and Housing is intensifying its efforts to improve compliance regarding vacant land and reduce visual pollution, calling on landowners to take advantage of the grace period extended through 15/4/1448 AH, as part of its ongoing efforts to improve the urban landscape and enhance the quality of the built environment in the Kingdom’s cities and provinces. The Ministry clarified that the current phase focuses on strengthening compliance with the requirements … Read more

Taxes on Vacant Properties: A Step Toward Regulating and Sustaining the Market

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Riyadh Real Estate - Real Estate Registration

Reading time: 2 MinutesThe real estate sector in the Kingdom of Saudi Arabia is undergoing a period of rapid regulatory transformation, driven by a package of legislation and reforms aimed at improving market efficiency, enhancing transparency, and achieving a balance between supply and demand, in line with the objectives of Saudi Vision 2030. Among the most notable of these changes is the issuance of the executive regulations on vacant property fees, which represent one of the most important modern regulatory tools for addressing the phenomenon of hoarding … Read more

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