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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

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

Real estate marketing

7 golden tips for real estate brokers to keep clients and avoid losing them

Practical tips for building trust, improving professionalism and digital follow-up to increase customer loyalty and retention.

Report predicts Saudi Arabia's residential rents will fall in the second half of 2025

Jadwa explained that the housing category accounted for 26% of the price index and that rents were the main driver of rising inflation during 2025.

Riyadh city

بالفيديو.. تفاوت كبير في أسعار الإيجارات بين حي “الملقا” و”حطين” شمال الرياض

حطين أغلى: إيجارات الشقق أعلى بنحو 4.7% والفلل بفارق يتجاوز 10% سنويًا.

Residential program

بالفيديو| خبير يتوقع زيادة في الطلب على الأراضي والوحدات السكنية بعد السماح بتملك الأجانب

الميموني: القرار سيعزز مبيعات المطورين، يرفع طلب الأراضي ويحفّز نمو محافظ التمويل لدى البنوك

Residential program

NHC signs agreement with China's CACC to develop residential units in Jeddah's Rehab Al Sudan project

More than 1,400 residential units are being built in Jeddah's Al Saddan destination in a strategic partnership between NHC and China's CACC.

Residential program

Residential: Buying or transferring housing options reservations is against the law

Residential confirms the unified electronic reservation system, prohibits trading reservations for money, and payments are made according to the construction stages.

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