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Cabinet Approves Real Estate Transaction Tax Law

Reading time: < 1 Minuteرأس صاحب السمو الملكي الأمير محمد بن سلمان بن عبدالعزيز آل سعود ولي العهد رئيس مجلس الوزراء – حفظه الله -، الجلسة التي عقدها مجلس ... Read more

5% is levied on the value of the sale or transfer of the property and is payable upon real estate clearance or notarization.

18/09/2024

Public Authority for Real Estate logo

General Real Estate Authority launches “Instant License” service for off-plan sales projects

The General Real Estate Authority launches the "Instant License" service to simplify the procedures of off-plan sales projects.

Cityscape Riyadh - Day 2

The second day of Cityscape... Agreements and MoUs to support the real estate and municipal sectors

Signing agreements to support the real estate and municipal sectors at Cityscape in Riyadh worth 231 million riyals.

Video: Head of the Real Estate Authority: Recent decisions have reduced real estate prices 80% in some neighborhoods

Real estate prices in Riyadh fell by 80% after new regulatory decisions, according to the head of the Real Estate Authority.

Cityscape Riyadh

Saudi Arabia's first property tokenization process completed A new step to regulate the real estate market

Saudi Arabia's first property tokenization process was launched to regulate the real estate market and increase the number of required housing units.

Public Authority for Real Estate

The General Authority for Real Estate is a legislative sponsor at Cityscape 2025 in Riyadh

The General Real Estate Authority (GRA) is participating as a legislative sponsor at Cityscape Global 2025 to promote the real estate investment environment.

Saudi Arabia gives foreigners lifetime residency rights when they buy real estate in approved projects

Saudi Arabia grants lifetime residency to foreigners when they buy real estate worth 4 million riyals in approved projects.

New rules for the registration and governance of state-owned real estate

The Board of Directors of the State Property Authority adopts new rules for the registration and governance of state real estate properties.

Public Authority for Real Estate

«Real Estate Authority launches in-kind registration in 18 neighborhoods in Riyadh

«The Real Estate Authority announces the start of in-kind registration of 5637 pieces in 18 neighborhoods in Riyadh electronically until February 2026.

program-rent

Ejar launches “Save Security Deposit” service To protect tenants and landlords and promote transparency

Ejar launches a new service to save the security deposit to enhance transparency and protect the rights of landlords and tenants.

Territory

«White Land» clarifies the mechanism of applying fees in cases of partial development and granting an additional deadline for taxpayers

The White Land Program clarifies the mechanism for applying fees in cases of partial development and grants an additional deadline for taxpayers.

Reconnaissance

Landlord-tenant relationship violations Major Updates to the Polling Platform«

Launching a survey platform to enhance the rights of the parties to rectify violations of the landlord-tenant relationship.

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Strict controls to correct lease violations in Riyadh Are landlords complying?

Riyadh's draft rules for correcting lease violations to promote justice and protect the rights of the parties.

Cooperation between Water Authority and State Properties to enhance the management of water projects and infrastructure

A memorandum of cooperation was signed between the Water Authority and State Properties to enhance the management of water and infrastructure projects in Saudi Arabia.

Real estate registration begins for 47,000 pieces of real estate in 3 regions of the Kingdom

Real estate registration for 47,257 plots in Riyadh, Qassim and Eastern Province begins until February 2026

International Monetary Fund Riyadh office market

4 major rental violations that must be corrected within the deadline What are they?

The General Real Estate Authority announces new regulations for correcting rental violations in the Saudi market.

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