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70 thousand real estate transactions in the residential sector during the first half

Reading time: < 1 MinuteSpecialized reports showed that the volume of transactions in the residential sector during the first half of 2023 decreased by 32% compared to the previous year, recording 70 thousand transactions during 6 months, while 103 thousand transactions were recorded during the same period last year.

31/07/2023

Residential Sector Index

Learn about the categories of non-Saudis who can own real estate and their geographical ranges

General Real Estate Authority defines categories of non-Saudis allowed to own property, geographical ranges and special conditions for Makkah and Madinah

Subdivision Report

«Zoning of residential units» intensive campaigns to confront violations and lack of licenses

The Riyadh Municipality and the Ministry of Municipalities carried out 134 monitoring tours and issued violation notices and fines of up to 200,000 riyals.

7 smart steps to ensure a safe and profitable real estate purchase before you sign your first contract

A practical guide that includes legal, technical and financing checks, pricing tips, and a site to avoid buying risks.

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

Real estate auctions. Solutions to market challenges

Auctions accelerate asset monetization, transparency and inclusivity as deal value exceeds SAR 2.5 trillion in 2024

Sponsored by Municipalities and Housing Ceredo 2025 real estate exhibition kicks off on September 9

Events at the Jeddah Superdome from September 9 to 11 with the participation of developers and government entities, workshops, financing and marketing solutions.

Canv Logo

Residential and commercial real estate to be auctioned in «Masa Auction»

Organized by Canv and moderated by the Enforcement Center on Tuesday, August 5, 2025 at 16:00 in person and online.

Daifallah Almutani - Real Estate Broker

The culture of nicknames in the real estate market...from a social courtesy to a professional impediment

The use of nicknames hinders the transparency of the real estate market and hinders the documentation of transactions and professional accountability.

13 Real Estate Opportunities at El Gouna Auction«

The auction takes place on August 5, 2025 in Jeddah in person and online and offers 13 residential, commercial, and office properties.

Tips for Real Estate Companies How do you build a successful sales team?

A practical guide to building an effective real estate sales team through smart hiring, ongoing training, motivation, and performance measurement.

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

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