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How does an escrow account work and its role in protecting funds?

Reading time: < 1 Minuteأوضحت الهيئة العامة للعقار مفهوم حساب الضمان ودوره في حماية أموال المساهمين والمشترين، إضافةً إلى توضيح آلية عمله والإجراءات المنظمة لعمليات الإيداع والصرف، بما يضمن ... Read more

Clarifying the concept of the escrow account and its working mechanism in protecting buyers' funds and ensuring the sustainability and completion of real estate projects

20/04/2026

Saudi Arabia's infrastructure needs $1 trillion in investment over 10 years

Private sector contribution rises to 46% and reaches 65% with PIF's portfolio.

Land Registry and Thiqaqa sign MoU to convert paper deeds into electronic ones

The partnership aims to build a digital platform and data exchange to accelerate in-kind registration and achieve 80% coverage within five years.

Logo of Al Diriyah Company

“Diriyah and the Contractors Authority sign a tripartite memorandum of understanding to develop dealing mechanisms

Accelerate the coordination of data sharing, address organizational challenges, and develop Diriyah projects to support the Kingdom's Vision 2030 goals

Al Haqeel - Business License - Quality of Life

Minister of Municipalities and Housing Launches Regulatory Excellence Program for Government Agencies

The program aims to raise the efficiency of inspection and compliance in cooperation with 60 government entities.

Big Five Gallery

Big 5 Construct hosts the International Contractors Conference to unlock innovation and collaboration in Saudi Arabia's construction industry

February 15 and 16 at Riyadh Front: A government and industry meetup to explore innovation and collaboration opportunities for the Kingdom's mega-construction projects.

Regulation of real estate auctions

How to apply for a real estate auction Conditions and required documents

The General Real Estate Authority determines the deadlines, licenses, documents and conditions necessary to accept an application to hold an auction.

Jeddah Municipality spokesperson: No compensation for owners of dilapidated buildings

Jeddah Municipality monitored 351 buildings in Al Faisaliyah and Al Rabwa and gave the owners time to remove them or they will remove them at their own expense.

“Social Insurance” sets the deadline for benefiting from the initiative to waive fines and violations

Businesses with debts before March 3, 2024 will be exempt from late penalties and violations when paying contributions through "My Business Insurance"

Jeddah Municipality - Unauthorized Buildings

Jeddah Municipality monitors dilapidated buildings in Al Faisaliah and Al Rabwa neighborhoods Jeddah Municipality

263 buildings in Al Faisaliyah and 88 buildings in Al Rabwa are monitored and their owners are notified to review the Municipality to complete the procedures

Attribution and Liquidation Center Real Estate Auction

“Enforcement supervises 36 auctions to sell 334 properties in 12 regions of the Kingdom

In-person and online auctions for the sale of 334 properties and vehicles in 12 regions between February 2 and 17, 2025.

Real estate transfer

It consists of 18 articles. New regulations for government agencies to rent real estate outside Saudi Arabia

تحدد شروط وموافقات الهيئة واستثناءات وقيمًا مالية لعقود البعثات والسكن بالخارج

Real Estate Registration Authority Logo

“Real Estate Authority: Extension of applications to join the experimental regulatory environment for real estate technology companies

الهيئة العامة للعقار تمدد شهرين فترة استقبال طلبات الانضمام للبيئة التنظيمية التجريبية للشركات العقارية الناشئة.

Ministry of Commerce Financial Statements Filing

Ministry of Commerce solicits feedback on draft regulations on trade names

An invitation to participate via a "survey" platform to provide opinions on the draft regulation on the reservation and protection of trade names.

Residential program

Next Thursday... Real Estate Registry End Date for 17 Neighborhoods in Riyadh and Diriyah

Deadline ends January 30, 2025 to register properties in 17 neighborhoods in Riyadh and Diriyah via rer.sa to avoid fines

“Real Estate Registry” announces the issuance of 500 thousand real estate records in 5 cities

Issued more than 500,000 real estate records with a geospatial map and automated 94% in five cities.

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