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05/11/2023

Riyadh - Business - Localization of real estate activities and professions
Emir of Qassim hands out developmental housing units

Emir of Qassim hands over 115 housing units to beneficiaries of the developmental housing program

Units donated by businessman Abdullah Al-Othaim to beneficiaries of the development housing program in the presence of government officials.

Secretary General of Wafi Committee: Completion of more than 3600 housing units for 42 projects

Wafi has pumped more than 100,000 units in 2023 and completed projects grew by 650% with private sector participation 51%

Residential program

22,000 families have benefited from the housing program and more than 16,000 have occupied their first home since the beginning of 2024

Sakani provides non-refundable subsidy packages up to 150,000 riyals and integrated e-services to facilitate ownership by Saudi families.

National Housing launches Al Asala project

With prices starting from 459 thousand riyals. “National Housing launches Al Asala project in Riyadh

It includes 670 residential units, more than 330,000 square meters of green spaces, and a strategic location south of Riyadh.

Sakan wins global Stevie Award

SCAN wins the 2024 Global Stevie Award

The organization received the award for its "My Business Platform" initiative for innovation in technology management, planning and implementation in Ras Al Khaimah.

Off-plan sales

Infographic | Wafi licenses more than 100 thousand real estate units for sale on the map in 2023

434 licenses issued for 101,942 off-plan real estate units in 2023, with significant growth in SME licenses.

International Monetary Fund Riyadh office market

Riyadh apartment sales prices rise 8 % in Q4 2023

Deloitte: The average price per meter of apartments in Riyadh is 5050 riyals, and the housing supply is about 3.8 million units by the end of 2023

Hail Municipality completes electronic lottery draw for residential plots in Al Wadi scheme

Distribution of 1474 plots in Al-Wadi Scheme No. 3355 in Al-Maghawat Center in the presence of specialized committees and the head of the center

Refractory bricks and air conditioning

Refractory bricks add an aesthetically pleasing touch to your home decor

Resistant to temperatures up to 2200 degrees Celsius, it combines thermal insulation with a variety of designs for interior decoration.

“Clarity Real Estate announces the sale of two unique properties in Jeddah

Jeddah's Faraed auction on March 5 to sell a library building (5,520 m2), warehouses (40,000 m2) and entry conditions for one million riyals.

Real Estate Development Fund - Housing Subsidies

The Real Estate Fund carries out 914 thousand technical and real estate assessment visits for housing support beneficiaries by the end of 2023

The visits were carried out between May 2021 and the end of 2023 to ensure quality technical and engineering conformity and continuity of housing support.

Sami Mohammed Al-Qahtani The World in Saudi Arabia

Foundation Day Evolution over time

A review of the country's founding in 1727 and its historical journey, honoring its legacy, achievements and leaders.

Foundation Day Rawan Alzahrani

Foundation Day Developments in the Saudi real estate sector

Since the Ministry of Works was established in 1953, it has implemented huge projects (NEOM, Red Sea, King Abdullah City), and Vision 2030 promotes investment.

Buying in Sadeem

“National Housing launches Al Asala Community in Riyadh with investments exceeding two billion riyals

National Housing Company signs 6 agreements to develop more than 3800 units in Al Asala community with an investment of more than 2 billion riyals

Measurement House 8 Real Estate Opportunities

Dar Al Qiyas announces 8 unique real estate opportunities at Afaq Auction

Riyadh's February 27 auction offers eight real estate opportunities in strategic locations near King Abdullah Road and the Eastern Ring.

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