Month: July 2026

The Saudi Green Building Forum Organizes an International Event in New York

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Reading time: 2 MinutesThe Saudi Green Building Forum, in collaboration with a number of international partners, organized an official side event as part of the High-Level Political Forum on Sustainable Development (HLPF 2026) at United Nations Headquarters in New York City, titled “Celebrating the Impact of Volunteerism: Youth Leadership and Advancing the Sustainable Development Goals Through Climate Action,” with the participation of representatives from member states, United Nations organizations, and institutions … Read more

Real Estate Transactions in Riyadh Exceed 74 Billion Riyals in 5 Months

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Reading time: 2 MinutesThe Riyadh region continued to solidify its position as the Kingdom’s largest real estate market during the first five months of 2026, recording transactions worth over 74 billion riyals, driven by strong activity in the sales and rental sectors, reflecting continued demand for residential, commercial, and investment properties in the capital. Data from the General Real Estate Authority showed that total real estate transactions in Riyadh reached … Read more

51,191 Infrastructure Project Permits Issued in Riyadh During the Second Quarter of 2026

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Reading time: < 1 MinuteThe Riyadh Region Infrastructure Projects Center reviewed its key performance indicators and achievements during the second quarter of 2026, continuing its role in enhancing the efficiency of the infrastructure sector and improving coordination among service providers, thereby contributing to better project implementation and a higher quality of life in the city of Riyadh. The indicators revealed that 51,191 permits were issued for infrastructure works, with projects distributed across … Read more

29.5 billion riyals is the value of construction projects awarded last month

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Reading time: 2 MinutesThe Saudi Contractors Authority released the report “A Look at the Construction Sector – June 2026” via the SCAVO platform, reviewing the key indicators of projects awarded in the Kingdom during the month of June; with the aim of enabling contractors and investors to explore available opportunities and support data-driven decision-making. The report noted that June saw the highest number of projects awarded … Read more

Real estate deals in Mecca inject 45 billion riyals over 5 months... Purchases are driving the market

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Makkah Real Estate

Reading time: 2 MinutesThe Makkah Region continued to cement its position as one of the Kingdom’s strongest real estate markets in 2026, with the value of real estate transactions exceeding 45 billion riyals during the first five months of the year. This indicates continued strong activity in both the sales and rental sectors, driven by growing demand for housing and investment, as well as the region’s religious and economic significance… Read more

Al-Maru Ornamentation: White Carvings That Preserve the Features of Traditional Architecture in Asir

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Asir Ornament

Reading time: 2 MinutesTraditional stone buildings in the Asir region retain one of their most prominent aesthetic features: “al-Maru,” the gleaming white stone that for many decades has been a hallmark of the decoration on house facades, and exemplifies the ingenuity of Asir’s builders in utilizing elements of the local environment to create architecture that blends function with beauty. In the past, builders relied on collecting “al-Maru” stones from … Read more

Stable Transactions and Rising Prices... How Did the Saudi Real Estate Market Perform This Week?

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Reading time: 2 MinutesThe Saudi real estate market maintained a steady pace last week, with only slight changes in the number of real estate transactions and their total value compared to the previous week, while the average selling price per meter rose by approximately 11%. According to the weekly review of Real Estate Exchange data, 3,253 real estate transactions were completed, totaling more than 2.1 billion riyals, while the average sale price was 98 riyals … Read more

Four Investment Opportunities Offered at the «Riyadh Destinations» Auction»

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Z Company Auction, Riyadh Facades

Reading time: < 1 MinuteZ Real Estate Auctions announced that it will hold the «Riyadh Destinations» public online auction, dedicated to the sale of four premium real estate properties in the city of Riyadh and the provinces of Dir’iya and Harimla. The auction will be held under the supervision of the Enforcement and Liquidation Center (Enfaaz), pursuant to a decision by the Enforcement Court, via the «Somtec Auction Platform.» The auction begins on Saturday, July 11, 2026, at 10:00 a.m. and ends on … Read more

A 2% fee has been imposed on real estate transactions by foreigners in four major cities in the Kingdom

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Reading time: 2 MinutesThe executive regulations for the system governing real estate ownership by non-Saudis have imposed a fee of 2% of the value of any transaction conducted by a non-Saudi involving real property rights in the cities of Riyadh, Makkah, Madinah, and Jeddah, in a move aimed at regulating real estate transactions within the cities covered by the law. In the same context, the official newspaper “Umm al-Qura” published details of the implementing regulations, which included the requirement … Read more

11 Real Estate Opportunities at the «Tharaa Makkah» Auction»

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Reading time: < 1 MinuteArtqaa Jeddah Real Estate Company, under the supervision of the Enforcement and Liquidation Center «Infaaz» and pursuant to a decision by the Enforcement Court, announces the holding of the «Tharaa Makkah» auction on July 19, 2026, to be held online via the Mubasher auction platform from 10:00 a.m. to 6:10 p.m. The auction features 11 diverse real estate opportunities in prime locations within Makkah, consisting of six plots of land with separate title deeds in the west … Read more

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