Month: June 2026

Banks provide SAR 6.3 billion in housing loans to individuals during the month

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central-bank-saudi-sama

Reading time: < 1 MinuteNew residential real estate financing provided to individuals by banks in Saudi Arabia during last April witnessed a remarkable rise on a monthly basis, rising by 51% to reach 6.3 billion riyals, compared to 4.2 billion riyals in March 2026, according to the monthly statistical bulletin issued by the Saudi Central Bank (SAMA). On an annual basis, retail real estate financing recorded growth ... Read more

Medina... Residential transactions lead with 11 thousand transactions worth 7.4 billion riyals

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Reading time: < 1 MinuteThe real estate sector in Madinah recorded a growth in the volume of traded transactions in light of the continued demand for residential products, driven by population growth, residential ownership programs, and the expansion of development in new plans and neighborhoods in Madinah. A report issued by Al-Maqar Development Company, the investment arm of the Municipality of Medina, reviewed the most prominent indicators and movement of the real estate sector during the year 2025, indicating that ... Read more

21 agricultural lands offered by Taiba Al-Khair at Najd Farms Auction

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Taiba Al-Khair Makkah Auction

Reading time: < 1 MinuteTaiba Al-Khair Auction Company, under the supervision of the Attribution and Liquidation Center «Enforcement» and by a decision of the Execution Court, and a ruling from the Personal Status Court, announces the holding of the “Najd Farms” online auction on Monday, 15-06-2026 AD at: 04:00 pm and ends on Thursday, 18-06-2026 AD from 04:00 pm to 11:40 pm via Mubasher Auctions platform.The auction offers 21 opportunities ... Read more

Residential real estate prices in Riyadh fell during the first quarter of 2026

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Riyadh - Riyadh Real Estate - The Capital

Reading time: 2 MinutesAfter years of rapid rises that pushed the prices of land and residential units to record levels, the real estate market in the Saudi capital Riyadh began to witness a remarkable transformation with the entry into force of government regulatory measures, which was clearly reflected in the price levels and volume of transactions during the first quarter of 2026.Ministry of Justice data showed a decline in the average prices of residential real estate ... Read more

«Umm Al-Qura awards the development of Masar Gardens, its second destination in Makkah

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Reading time: 2 MinutesUmm Al Qura Development and Reconstruction Company, the owner, developer and operator of Masar which includes the General Organization for Social Insurance (GOSI) and the Public Investment Fund (PIF) in its ownership structure, has awarded the Masar Gardens project as its second development destination in Makkah, in a move that reflects its orientation towards expanding the development of integrated urban and investment destinations that enhance the quality of life and elevate the spatial experience ... Read more

Saudi Architecture Map. pumps 8 billion riyals into the GDP

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Reading time: 3 MinutesCities in the Kingdom are undergoing an unprecedented urban transformation, redrawing their features with an identity inspired by their cultural roots and local environment, as part of the “Saudi Architecture Map” project, which presents 19 architectural styles inspired by the Kingdom's geographical and cultural diversity. The “Saudi Architecture Map” is an unprecedented project that redefines Saudi Arabia's identity by reflecting its cultural and geographical diversity, and will shape the long-term development of cities ... Read more

Real estate finance loses about 12 billion riyals in the first 4 months of 2026

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Reading time: 2 MinutesDuring the first four months of 2026, the residential real estate finance market in Saudi Arabia witnessed a clear shift towards a slowdown, both in terms of total financing values and the number of contracts, compared to the same period in 2025, according to data from the Saudi Central Bank (SAMA).From January to April 2026, total new residential financing provided ... Read more

Domes of the Prophet's Mosque. An architectural legacy that combines Islamic authenticity with the splendor of geometric design

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Domes of the Prophet's Mosque

Reading time: < 1 MinuteThe Prophet's Mosque embodies a unique architectural painting that combines Islamic originality and engineering design, as its architectural details harmonize to highlight the beauty of Islamic art and the precision of execution throughout its various parts. The moving domes decorated with exquisite geometric patterns catch the eyes of visitors, while the historic minarets reflect the urban expansion and development of the Prophet's Mosque through successive expansion phases, while maintaining its distinctive architectural identity. ... Read more

Usufruct. How does it balance utilization with protection of property?

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Reading time: 2 MinutesThe usufruct right is one of the original in-kind rights that gives the beneficiary the possibility of using and exploiting the property without owning it, thus achieving a balance between enabling the beneficiary to benefit economically from the property and preserving the owner's rights. This right enhances the flexibility of investment and the stability of real estate transactions within a clear legal framework that defines the rights and obligations between the parties. The General Real Estate Authority (GRA) has clarified that the right of utilization ... Read more

Selling off-plan Obligations of the real estate developer and the responsibility of the beneficiary

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Off-plan sales

Reading time: < 1 MinuteOff-plan selling is a framework that regulates the relationship between the parties involved in off-plan sales and leasing projects, by defining the roles and responsibilities of each party, according to the General Authority for Real Estate, which aims to enhance the reliability of real estate projects and ensure their implementation according to clear controls that preserve rights and support the success of projects. First: The role of the General Authority for Real Estate (organization and control)The General Authority for Real Estate undertakes a set of ... Read more

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