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The details of the articles of the Real Estate Transaction Tax Law after the Cabinet's approval

Reading time: 2 Minutesأعلنت المملكة العربية السعودية مؤخرًا عن موافقتها على نظام ضريبة التصرفات العقارية، وهو قرار يعكس التزام الحكومة بتعزيز الشفافية في قطاع العقارات وتحسين نظم الحوكمة ... Read more

Law sets 5% tax on real estate transactions with exemptions, penalties, enforcement mechanisms and a deadline to correct the situation

12/10/2024

Zakat, Tax and Customs Authority
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In a move to enhance transparency «The Real Estate Authority defines the grounds for objecting to vacant property rentals

The Real Estate Authority outlines rules for objecting to vacant property rentals to enhance transparency and regulate the real estate market.

Residential program

Today... Real estate registry work begins for 47,257 real estate parcels in 3 regions

Applications for in-kind registration of 47,257 real estate parcels in Riyadh, Qassim, and the Eastern Province begin today.

Today. Announcing the results of the eligibility of applicants to buy land through the real estate balance platform

Announcement of the results of the eligibility to buy residential land through the real estate balance platform in Riyadh today.

In detail... The Ministry of Municipalities and Housing adopts the seizure guide for materials and tools

The Ministry of Municipalities and Housing adopts the Seizure and Reservation Guide to enhance compliance with regulations and improve the quality of life in cities.

Saudi Council of Engineers

Al-Hogail issues a decision to form a committee to supervise the elections of the Board of Directors of the Saudi Engineers Organization

Forming a committee to supervise the elections of the Board of Directors of the Saudi Engineers Organization for its ninth session.

Off-plan real estate projects

Details... “The Real Estate Authority invites feedback on rent objection regulations for vacant properties

The Real Estate Authority invites citizens to comment on the rules for objecting to the rental value of vacant properties.

Ministry of Municipalities and Housing

“Municipalities and Housing” confirms that municipal licenses are mandatory and warns of penalties for violators

The Ministry of Municipalities and Housing emphasizes the necessity of municipal licenses and calls for compliance to avoid penalties and fines.

The General Real Estate Authority plans to issue a document defining the ranges of ownership of non-Saudis in the Kingdom's cities. Details

The General Real Estate Authority issues a document to determine the ownership ranges of non-Saudis in all cities of the Kingdom.

In-kind registration for 160 pieces of real estate in three regions of the Kingdom

In-kind registration of 160,000 real estate plots in three regions of the Kingdom will begin in December 2025.

Territory-white

White Land Fees Executive Regulations specify 4 cases in which the imposition of the fee is suspended

The executive regulations specify four cases to suspend the imposition of white land fees in accordance with Article 8 of the system.

Reporting Municipal Violations

Want to be a certified whistleblower? Municipalities and Housing explains how

Municipalities and Housing clarify steps for municipal violations in Saudi Arabia

Neom project

Saudi Arabia's Construction Market Movement 2025. Opportunities, challenges and impact on the real estate economy

Saudi Arabia's Construction Sector Growth 2025: Investment Opportunities and Challenges in the Real Estate Market.

Mr. Majid bin Abdullah Al-Haqeel

Al-Haqeel: Cabinet decision strengthens community partnership and provides financial rewards for detecting municipal violations

Strengthening community partnership through financial rewards for detecting municipal violations in accordance with the Council of Ministers' decision.

Penalties and Violations of the New Real Estate Contributions Law Get to know it

Modernizing the Real Estate Contributions Law: Schedule of penalties and violations to enhance discipline and protect investors.

“Taqeem and Real Estate launch a monitoring campaign to ensure compliance in the real estate valuation sector in Riyadh

The monitoring campaign promotes compliance in the real estate valuation sector in Riyadh and reveals multiple professional violations.

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