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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

In detail... Riyadh's landlord-tenant procedures after approval

Riyadh adopts a package of measures that includes a five-year moratorium on increases, rent stabilization, and documenting contracts through Ejar

Approval of statutory provisions to regulate the relationship between landlord and tenant

Suspending the annual increase of rents in the Riyadh city area for five years starting on September 25, 2025, with the obligation to document contracts.

Public Authority for State Properties

Infographic: Modernized rules for allocating and recovering state properties

الهيئة تعتمد تحديثات لضوابط تخصيص واسترداد عقارات الدولة تشمل خطة ثلاثية وتقييم رقمي ولجنة دائمة.

SurveyMonkey logo-

“Real Estate Authority” launches the draft regulatory framework for the legislative pilot environment via a “survey platform”

Invitation for beneficiaries to participate in a consultation on a regulatory framework that allows testing of innovative real estate models until October 18, 2025

Ministry of Municipalities and Housing

Municipalities and Housing clarify how to report investment housing zoning violations

Reporting via Baladi app or the unified number 940, municipalities conduct field tours and fines can reach up to 200,000 riyals.

Expropriation Law

Cases of public interest expropriation in Saudi Arabia What are the compensation mechanisms?

The new system (39 articles) grants compensation at market price +20% and alternative options, and applies after 120 days.

White Land Fees Program

36 يوماً على انتهاء مدة تسجيل الأراضي البيضاء وتفادي الغرامات

الوزارة تحث الملاك على التسجيل قبل 30 أكتوبر لتجنب غرامات تصل إلى 100% وخصص العوائد لدعم الإسكان.

Ministry of Municipalities and Housing

Ministry of Municipalities and Housing tightens controls to monitor housing unit zoning violations

Municipalities start monitoring tours and receive reports via Baladi app or 940, with fines of up to 200,000 riyals.

Zakat, Tax and Customs Authority

“Zatca calls on businesses to submit VAT returns for last month

The authority reminds businesses whose supplies exceed SAR 40 million to submit VAT returns for August before September 30.

Residential program

Infographic: Regulations and requirements for organizing commercial competitions

Includes electronic licensing, mandatory publication of contest details, prohibition of purchase requirements or price gouging, and punishment of violators

رد. المرشدي المشاريع العقارية

استطلاع: ترويج المشاريع العقارية والمزادات..  بين وعي المؤثرين وخبرة الجهات التسويقية (1)

المرشدي: المشاهير ينشطون العلامة التجارية فقط، وتأثيرهم على المبيعات محدود، ووكالات التسويق المحلية تعاني ضعفًا وتسعيرًا غامضًا.

Residential program

Saudi Real Estate Authority launches legislative pilot to support innovation in the real estate sector

KDIPA launches the draft regulatory framework via a "survey" platform to receive public feedback and enable Proptech experiences.

Residential program

بالتفاصيل.. “البلديات والإسكان” تُطلق نسخة محدثة لدليل الشروط الصحية والفنية والسلامة في المساكن الجماعية للأفراد

يغطي الدليل المسارات الصحية والفنية ومعايير السلامة لتنظيم المساكن الجماعية ورفع مستوى الامتثال وجودة الحياة.

Group Housing Development Program invites establishments with 20 or more workers to issue licenses through Baladi“

Non-compliant establishments face fines, suspension of government services, and the implementation of monitoring tours to ensure the implementation of the requirements.

Steps to terminate consensual leases

Ejar platform launches an e-service that allows easy termination of the contract between landlord and tenant while protecting rights

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