Month: September 2026

Land Registry Procedures for a Property in the Makkah Region to Begin Next Sunday

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Makkah Real Estate - Property Ownership

Reading time: < 1 MinuteThe General Authority for Real Estate announced the commencement of the real estate registration process for a property in the Makkah region, starting Sunday, September 13, 2026 (corresponding to Rabi' al-Thani 2, 1448 AH), and continuing until the end of Thursday, December 17, 2026 (corresponding to Rajab 8, 1448 AH). The Authority clarified that the neighborhood benefiting from the real estate registry in this phase in the Makkah region is: (part of the Ri' Dhakher neighborhood)... Read more

The Tabuk Chamber of Commerce and Industry Holds a Working Session on «Requirements and Standards for Contractor Certification»

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Reading time: < 1 MinuteThe Tabuk Chamber of Commerce, in cooperation with the Ministry of Municipalities and Housing and the Saudi Contractors Authority, held a workshop today entitled “Requirements and Standards for Obtaining Contractor Accreditation Certificates.” The workshop, held at the Chamber's headquarters, was attended by a number of contractors and representatives of engineering firms in the region. The workshop covered the City Operator Qualification Service, explained the application process through the “Baladi Business” platform, and reviewed the requirements and standards necessary for obtaining the certificate. Read more

The «Serido 2026» exhibition concluded in Jeddah, with more than 50 participating organizations and approximately 35,000 visitors

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Reading time: 2 MinutesThe fifth edition of the “Serido 2026” Real Estate Development and Ownership Exhibition concluded its three-day run at Jeddah Superdome, under the patronage of the Ministry of Municipalities and Housing. The event saw wide participation from government and private entities, real estate developers, investors, and those interested in property ownership and financing solutions. Over its three days, the exhibition attracted approximately 35,000 visitors and witnessed the signing of several agreements… Read more

5 Cities Begin Tracking Real Estate Transactions Through the Real Estate Registry

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Reading time: < 1 MinuteThe General Authority for Real Estate and the Ministry of Justice have begun implementing the system of registering real estate transactions through the real estate registry in five Saudi cities, following the completion of the real estate registration process within these cities' urban boundaries. The cities included are Dammam, Khobar, Dhahran, Qatif, and Hail. Other cities will be added to the system gradually, depending on their readiness to fulfill the real estate registration requirements. Read more

71.3 billion riyals: Value of Mersa construction projects in the second quarter of 2026

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Reading time: 2 MinutesThe Saudi construction sector witnessed a significant boost during the second quarter of 2026, with the value of awarded projects rising to approximately SAR 71.3 billion, an increase of SAR 421,000 compared to the first quarter, which recorded projects worth SAR 30.2 billion, according to data from the Saudi Contractors Authority. This indicates the continued flow of investments into the sector and its growing role in the non-profit economy. Read more

«Municipalities and Housing»: Early Renewal of Lease Agreements Boosts Investment Growth

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Reading time: < 1 MinuteThe Ministry of Municipalities and Housing affirmed that the early extension of lease contracts for investment projects covered by the approved regulations contributes to enhancing the sustainability of existing projects and supports their development and expansion plans. This is achieved by allowing the extension of the contract after half its term has elapsed, thus granting investors greater flexibility to continue investing and developing their projects. The Ministry explained that the early extension enables investors to plan for new phases of development and expansion during this period… Read more

The «Serido 2026» exhibition wraps up today in Jeddah amid a large turnout

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Reading time: < 1 MinuteThe «Serido 2026» Real Estate Development and Ownership Exhibition continues its fifth edition today, Tuesday, at the Jeddah Superdome, on its third and final day, amidst wide participation from government agencies, real estate developers, financing companies, investors, and those interested in the real estate market. The exhibition was launched last Sunday under the patronage of the Ministry of Municipalities and Housing, with the opening ceremony of the Deputy Minister for Housing Supply and Urban Development, Abdulrahman bin Abdullah Al-Tuwail… Read more

2.2 billion riyals raised from 50 real estate auctions overseen by «Enfaz» over the course of a week

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Reading time: < 1 MinuteReal estate auction activity under the supervision of the Enforcement and Liquidation Center (Enfaz) witnessed significant momentum during the period from August 30 to September 5, 2026, with 50 auctions held to offer a range of real estate assets of considerable size and value. According to Enfaz data, real estate auction sales exceeded 2.2 billion riyals, with 146 assets offered, representing a total real estate area of… Read more

Jeddah Led Real Estate Transactions Last Week with Deals Totaling 565 Million Riyals

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Map-Central-Jeddah-3

Reading time: 2 MinutesJeddah maintained its strong presence in the real estate market last week, recording 426 property transactions exceeding 565 million riyals. This placed it at the forefront of cities listed in the real estate exchange data in terms of transaction value, despite a decrease in both the number of transactions and their value compared to the previous week. The average selling price per square meter in Jeddah reached approximately 2,935 riyals, compared to 3,042 riyals in… Read more

The Public Investment Fund Launches «Gulf Coast Real Estate Development Company» to Create a New Coastal Destination

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Public Investment Fund

Reading time: 2 MinutesThe Public Investment Fund (PIF) announced yesterday the launch of “Sahil Al Khaleej Real Estate Development Company,” with the aim of developing an integrated tourism and residential destination on the coast of Al Khafji city overlooking the Arabian Gulf. This initiative seeks to meet the growing demand for housing and tourism options in the northern part of the Eastern Province of the Kingdom. The company intends to carry out its work by attracting local and regional investors, in partnership with the private sector, which the Fund continues to empower… Read more

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