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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

Strict controls and updated mechanisms Learn about the draft amendments to the Saudi Building Code Regulations

Open consultations until October 23 on amendments to require a mandatory certificate of occupancy and link it to the release of electricity.

Free housing unit

5 Key Principles of Real Estate Ownership for Non-Saudis What are they?

The Public Authority for Real Estate reviews the principles of the new system, which include sovereignty, transparency, citizen priority, preservation of rights and governance.

Minister of Municipalities and Housing

Minister of Municipalities' key statements at Qatar Real Estate Forum Our goal is to make citizens happy

الحقيل يستعرض إنجازات العقار ورؤية 2030 وارتفاع التمويل العقاري إلى أكثر من 900 مليار ريال

Engineer Abdullah bin Saud Al-Hammad

Chairman of the Real Estate Authority: GCC legislative integration is a pillar to stabilize the market and stimulate investment

Al Hammad participated in a meeting in Doha to discuss the harmonization of legislation and enhance cooperation.

Residential program

Real Estate Registry begins registering neighborhoods in three provinces today

بدء استقبال طلبات التسجيل العيني الأول للعقارات في أحياء محددة بمحافظات مناطق الرياض والقصيم والمنطقة الشرقية.

Ministry of Municipalities and Housing

فصل الكهرباء وحجز المركبات.. «البلديات والإسكان» تحدد آليات مواجهة المخالفات الجسيمة

اللائحة التنفيذية تحدد عقوبات حازمة ومعدلات غرامات تصل حتى مليوني ريال وآليات رصد إلكتروني للتطبيق.

White land

The countdown is on... Fines for unregistered white lands after 20 days

The deadline for registration in the Riyadh city area is October 30; latecomers will be automatically monitored and fined up to 100%.

Developer Services Center - Completion

Completion Center continues to accelerate the pace of real estate projects and increase the efficiency of the sector

المركز يطلق 7 مبادرات ويؤتمت خدمات ويتعاون مع جهات خدمية لتسريع الاعتمادات ورفع كفاءة تطوير المشاريع العقارية.

White land

Riyadh's white land system to start enforcing fines on unregistered properties soon

The program has completed AI electronic land monitoring and called on landowners to register before October 30 to avoid fines of up to 100%.

Residential program

White Land Program monitors all lands and calls on owners to register before the end of October

Linking Riyadh's land data electronically using artificial intelligence (accuracy >85%) and warning of large fines for non-registrants.

Public Authority for Real Estate considers stabilizing rents for 5 years in all regions of the Kingdom

Plan to generalize the five-year fare stabilization decision across the Kingdom based on monitoring indicators and achieving market equilibrium

The Second Forum Real Estate Balance - Al-Haqeel

Al-Haqeel: Land Registry issues one million records and announces registration of 3 million pieces of real estate

Promotes transparency, preserves owners' rights, and supports the digitization of the real estate sector in accordance with the Kingdom's Vision 2030

Land Registry Logo

October 12. Real estate registration begins in new neighborhoods in three regions

Electronic registration of about 41.5 thousand pieces in 115 neighborhoods in Riyadh, Qassim, and Sharqiya through the Land Registry platform.

Abdulhakim Al-Kharji - 95th National Day

Public Authority for Real Estate. When Governance Meets Rights Protection

A body that regulates the real estate market, licenses brokers, documents contracts, protects rights and enables investment with transparency and discipline.

Residential land

First come, first served. New organization in the distribution of land and loans

Article 30 awards one point for each year of waiting up to 10, adds two points for unallocated land applications and includes Fund loans

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