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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

Engineer Abdullah bin Saud Al-Hammad
Saudi Central Bank
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Minister of Municipalities and Housing
Off-plan real estate projects
Tayseer Al-Mufaraj - Real Estate Technologies - Real Estate Sector
Al-Haqeel
Public Authority for State Properties
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