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How does a real estate developer dispose of surplus off-plan sales projects?

Reading time: < 1 Minuteنصت المادة الثانية عشرة من اللائحة التنفيذية لنظام البيع أو التاجير على الخارطة على: يجوز للمطور طلب الصرف من حساب الضمان للمصاريف الإدارية والتسويقية- والمصاريف ... Read more

The regulation regulates the withdrawal of surplus after the approval of the competent authority and the contractor and consultant reports, with a ceiling of 20% for non-construction expenses and retention of 20% and 5%.

16/05/2024

Off-plan sales projects - Real estate transactions
Public Authority for Real Estate logo

Real Estate Authority receives 1,045 reports through its various channels last month

16 monitoring tours, 10,000 field audits, and 10,000 electronic scans to control real estate brokerage violations and process 1,045 reports during March

Evaluation Logo - Saudi Organization for Certified Valuers

Saudi Commission for Accredited Valuers launches quality measurement model for real estate appraisal reports

A new tool to measure the quality of real estate appraisal reports to increase the efficiency of professional practice and enhance the reliability of reports and the confidence of beneficiaries

Zakat, Tax and Income Tax Authority - Exemption from financial penalties

Excise Tax establishments invited to submit their declarations for January and February

KDIPA sets March 31, 2026 deadline for filing excise tax returns and warns of late payment penalties

Infographic: Steps to submit a real estate sorting request and follow up on its status

The General Authority for Real Estate clarifies through Aqari platform the cases of requesting real estate sorting and re-sorting and the steps to apply and follow up electronically

-Residential -Projects -Real Estate

In detail... «Ejar» clarifies the mechanism of transferring property ownership without canceling contracts

The new owner can take advantage of the change of landlord service. All active and registered contracts are automatically transferred electronically

Real estate registration period ends in 4 regions of the Kingdom Tomorrow, Thursday

Deadline for in-kind registration of 533,672 pieces of real estate to document ownership and ensure the sustainability of the sector

Infographic: Steps to Query Landlord Association Data

An e-service from «Real Estate» to verify the regularity of owners' associations and their financial and administrative data before paying fees or during disputes

Public Authority for Real Estate logo

5 Objectives of the obligation to notarize real estate brokerage contracts

The General Authority for Real Estate clarifies the objectives of documenting brokerage contracts to enhance transparency, protect customers, and support the sustainability of the real estate market

Infographic: Steps to manage the payment deadline for white land invoices

A simple guide to benefit electronically from the payment deadline management service for white land invoices and vacant properties through the digital platform

Infographic: The most important conditions and regulations for granting additional time to develop white lands

Regulatory measures grant white land owners an additional period of time conditional on a building permit, a timetable and engineering reports to complete development

Zakat, Tax and Customs Authority 1

«Zatca calls on businesses to submit VAT returns for February

KDIPA sets March 31, 2026 deadline for filing February returns for large establishments and warns of late penalties

Infographic: Are off-plan sales projects exempt from white land fees?

Clarifying the rules for exempting off-plan sales projects from white land fees and the conditions for additional periods of time to complete development

 Organizations must rectify the status of workers' housing with 20 or more workers through two legal paths

The national program requires enterprises to correct the status of workers' housing through a collective housing license or contracting with pre-licensed housing

Ejar - Ejar Platform

«Ejar settles the debate: Prohibit renting the property for one year after eviction for personal use

The platform emphasizes the prohibition of renting the unit for a year after eviction for personal use, while reserving the tenant's right to claim the system.

Riyadh real estate

Real estate registration in 4 regions to be finalized today

The General Authority for Real Estate invites owners of 254,000 real estate plots to complete in-kind registration before March 12, 2026 in four regions

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