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In detail... Texts of the Articles of the Executive Regulations of the Contractor Classification System

Reading time: 4 Minutesوافق ماجد بن عبدالله الحقيل وزير الشؤون البلدية والقروية والإسكان، على تعديل اللائحة التنفيذية لنظام تصنيف المقاولين، لتحل هذه اللائحة محل اللائحة التنفيذية لنظام تصنيف ... Read more

Ministry adopts new regulation specifying the requirements, procedures and issuance of contractor classification certificates electronically

07/01/2024

Who is a real estate developer?
Dubai - Real Estate Deals and Sales 

New record... 233 billion dirhams of real estate sales in Dubai in the first half of 2024

The market recorded 80,230 real estate sales and total transactions of AED 344.4 billion with H1 sales growth of 30%.

Saudi Arabia Foreign Investment

Real estate investments account for 18.7% of total assets of the Kingdom's public investment funds

Assets of public investment funds grew 17.8% to SAR 136.66 billion by the end of Q1 2024

CEO of the General Real Estate Authority Engineer Abdullah bin Saud Al-Hammad

President of the Real Estate Authority: 1.3 million real estate maps corrected since the launch of the Land Registry

KDIPA begins implementing the real estate registry in Qassim region on July 7, 2024, aiming to register more than 380 thousand pieces

94.5 % ارتفاعًا في القروض العقارية الممنوحة من المصارف بالمملكة خلال الربع الأول 2024

وصلت القروض العقارية إلى 800.5 مليار ريال بالربع الأول، منها 625.2 مليار للأفراد و175.2 مليار للشركات بحسب المركزي.

Mortgage Loan - Housing Units

Real estate loans in Saudi Arabia recorded 827.35 billion riyals in the first quarter 2024

Banks record real estate loan growth of 94.5% to 800.5 billion, with retail loans accounting for 78-84% of the total.

Saudi Central Bank

شركات التمويل تمنح قروضًا عقارية بـ 27.35 مليار ريال في الربع الأول 2024

ارتفاع طفيف 1% سنويًا والأفراد يستحوذون على 84% من إجمالي القروض وفق نشرة ساما

Real Estate Registration - Land Registry

Real estate investment in Saudi Arabia. Here's a list of the best tips to avoid risk

Practical advice: Goal setting, feasibility study, site selection, and hiring experts to minimize real estate investment risk.

Real Estate Development Fund - Your Subsidy Equals Your Installment - Direct Lending

What do you know about the latest financing solutions from the Real Estate Fund? Features and Benefit Conditions

"Your Support Equals Your Installment" initiative in cooperation with Bank Albilad provides flexible installments and payment support to beneficiaries of the "Residential" program"

7.67 مليار ريال حجم التمويل السكني المقدم من المصارف للأفراد في مايو الماضي

ارتفاع 13% عن مايو 2023 و44% عن أبريل، والفلل استحوذت على 67% من إجمالي التمويل.

Investors in real estate

How to set up a successful real estate company in Saudi Arabia Steps and tips

A practical guide explaining the legal procedures, choosing the type of company, capital, registration and obtaining the necessary licenses.

Real estate transactions in Saudi Arabia record 68.3 billion riyals in the first 3 weeks of June

Real Estate Exchange data: 24.6 thousand properties traded through 26 thousand transactions with an area of 146 million square meters

Roshan Real Estate Company - Residential Projects

“روشن” توقع مذكرات تفاهم مع 4 بنوك محلية لتقديم خدمات مالية رائدة لشركائها

مذكرات تفاهم لتقديم خدمات مالية ومصرفية مخصصة للمطورين الفرعيين تشمل تسهيلات ائتمانية وهوامش تمويل تنافسية وتسريع التقييمات

Saudi Central Bank

Saudi Arabia's mortgage refinancing assets to rise to SAR 31 billion in 2023

SAMA report: Consolidated capital 15.5 billion, net profit 1.7 billion, total portfolio 84.7 billion.

Investors in real estate

GCC real estate deals hit $56.7 billion in Q1 2024

KAMCO report: Saudi Arabia and Dubai accounted for 85% of value, 12.9% of transactions and 23% of year-on-year growth.

Survey: A culture of real estate savings must prevail to own a first home

Amlak's survey shows the role of educational institutions and programs in promoting saving for a down payment.

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