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Minister of Municipalities and Housing clarifies mechanism for charging fees on vacant properties after adopting executive regulations

Reading time: 2 MinutesThe Minister of Municipalities and Housing Majid Al-Hogail said that the decision to impose fees on vacant units is part of efforts to regulate the real estate sector and achieve a balance between supply and demand, explaining ... Read more

The new regulation adopts gradual fees on vacant units according to specific market indicators, to stimulate their utilization and increase the real estate supply.

13/05/2026

Real estate developers show interest in blockchain at this year's edition of Cityscape Global

غرفة المدينة المنورة تعتزم إطلاق مبادرات ومشاريع لتعزيز قطاع المنشآت

International Contracting Conference and Exhibition concludes «Developing the Contractor Classification System» initiative to sustain advanced standards for the sector's development and transparency

Hamad Al-Shuwaier Ehsan Bafaqeeh and Saeed Al-Ghamdi. Cabinet appoints three from the private sector to the board of directors of the Public Authority for Real Estate

Saudi Contractors Authority

148 thousand workers registered in the Saudi Contractors Authority ... And 4 thousand in the “Municipal and Rural” registry”

Deputy Minister of Commerce inaugurates the International Contracting Conference and Exhibition “Developing the Contractor Classification System” initiative ensures the sustainability and transparency of the sector

Saudi Contractors Authority launches 13 initiatives to solve financing obstacles and provide financial resources for 90% contracting companies

Saudi Contractors Authority plans to adopt model contracts for all sector activities to ensure the rights of all parties

Developing Building Regulations by Utilizing the Land “Municipal and Rural Affairs” announces allowing building with setbacks towards the neighbors and adjoining the external extension to the building

Saudi Development Fund - Loans

Shura Council approves amending the financing system of the Industrial Development Fund to reach 75% in less developed cities

Shura Council renews its demand for housing to allocate a percentage of housing products to social security families and those who are not able to afford it

Real Estate Contributions (RECs) to develop new procedures for examining real estate contribution sukuk

Real Estate Dee

Including 250 associations. Dubai Land Department finalizes law to abolish property owners' associations in freehold areas

Saudi Banks - Real Estate Finance - Finance

Saudi banks warn against text message scammers warning of ATM card blocking

Cabinet of Ministers

Cabinet approves the transformation of the “State Property Authority” into a public body called the “Public Authority for State Properties”

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