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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

Residential program

Saudi Green Building Forum reaffirms its commitment to supporting sustainable industrial transformation

Saudi Green Building Forum participates in the United Nations Industrial Development Conference to support sustainable industrial transformation.

«Immediate licensing» for off-plan sales projects. What impact will it have on the future of the real estate market?

The launch of the off-plan licensing service enhances the efficiency of the Saudi real estate market and increases investor confidence.

Saudi Central Bank

Financing entities are required to share real estate finance data with SIMAH«

Requiring financing entities to share real estate financing data with the Saudi Credit Information Company (SIMAH) to enhance transparency.

Inheritance platforms

«Inheritance Platform The »Inheritance Platform" lists all heirs' data and links it digitally with government agencies

Launching the «Inheritance Platform» to facilitate the counting of heirs and digitally link inheritance data with government agencies.

Video: Do white land fees apply to farms within the urban area? The head of the Real Estate Authority answers

White land fees do not include agricultural land within the urban area, according to the head of the Real Estate Authority.

Violating your lease could cost you dearly Citizen Account clarifies penalties for misinformation

A warning from the Citizen Account Program about providing false information in rental contracts and its possible penalties.

Strategic cooperation to develop real estate inspection services Saudi Arabia-led partnership for engineers

A partnership between the Saudi Institution of Engineers and Ayin to develop real estate inspection services and strengthen the sector until 2030.

Saudi Contractors Authority - Contracting Industry

Campaign to promote the use of model contracts in the construction sector

Launching a campaign to promote the use of model contracts in Saudi Arabia's construction sector to support transparency and preserve rights.

Real Estate Registration Authority Logo

The Real Estate Authority announces the completion of the first real estate coding and establishes the first global regulatory standard

The Real Estate Authority completes the first real estate tokenization and sets global standards to promote the digital market in the Kingdom.

Al-Haqeel

“Al-Haqeel sponsors the signing of SAR 231 million partnership contracts to strengthen municipal control and raise the efficiency of services

The signing of partnership contracts worth 231 million riyals to strengthen municipal control and improve services in 11 municipalities in the Kingdom.

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.

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