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09/10/2023

Riyadh - Business - Localization of real estate activities and professions
Real Estate Registration Authority Logo

General features of the updated system for non-Saudis to own real estate Comprehensive guide

Royal Decree No. M/14 defines the rules for foreign ownership of real estate to support investment and define geographical ranges.

“Awal United Real Estate launches ”Safwa Al Madinah“ auction to sell 22 plots of land

A hybrid auction in Medina offering 22 plots of land, held in-person and online on the evening of August 6, 2025.

Residential program

1.05 billion riyals deposited in the accounts of beneficiaries of the housing subsidy program for July

The payment is earmarked to offset the profits of housing subsidy program contracts and enhance the ability of beneficiaries to own a home.

El Gouna Auction Agency offers 13 real estate opportunities at El Gouna auction“

The auction will be held on August 5, 2025 in Jeddah, in person at the Gloria Hall and electronically via Al Mubasher platform and includes residential, commercial and administrative units.

Ministry of Municipalities and Housing

“Municipalities and Housing”: 26,000 housing units to be sold off-plan during the first half

The ministry has delivered thousands of units, provided land, signed electricity contracts worth more than 3 billion riyals, and planted 130,000 trees.

U.S. real estate prices

Declining demand forces U.S. homebuilders to cut prices

38% builders cut prices in July by an average of 5% amid a confidence index of 33 and rising mortgage rates

The art of persuasion in real estate marketing: This is how you create an offer the buyer can't refuse!

A practical guide to building real estate listings that persuade buyers by understanding the need, highlighting value, and professional photography.

“Real Estate Authority”: The Real Estate Brokerage Forum is an intellectual platform to develop the profession and strengthen partnerships

The General Authority for Real Estate launches the second edition of the Brokerage Forum in Riyadh to promote professional development and partnerships between the two sectors

Building Compliance Certificate

Riyadh Municipality steps up efforts to crack down on rental unit zoning violations

The Municipality carried out 134 tours in 15 municipalities and issued notices to control the division of unlicensed rental units.

7 common real estate advertising mistakes that reduce the chances of a sale. Get to know them

A report highlights seven common real estate advertising mistakes that affect sales and offers expert advice for correction.

Development Housing Achievements in the first half Owning 3770 housing units and supporting 16,404 defaulters

Executing 77,106 digital operations and 6,681 monitoring rounds, establishing 50 non-profit organizations and registering 171,595 volunteers.

Ministry of Municipalities and Housing

Corrective deadline to implement new requirements for grocery stores, catering and supermarkets begins

The ministry has given 180 days to bring grocery stores, catering and supermarkets into compliance with the space and activity requirements.

Cabinet approves 3-year extension of the soft mortgage program

The session was chaired by King Salman in Jeddah and briefed the council on the country's overall business and strengthening regional cooperation.

Abdulaziz Al-Issa - Third Amlak Centennial - Lifting the land moratorium - Saudi Media - Vision 2030

Foreign ownership Opportunity, stimulation, and growth

The government's approval allows foreigners to own real estate in specific cities, and gives the General Real Estate Authority the authority to determine the zones and controls.

Residential program

Signing a dual cooperation agreement to develop 2138 housing units in Jubail and Yanbu

Agreement between Dar Al Riyadh and Jabeen to provide urban management and supervision services and promote sustainability and investment attraction in the two cities

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