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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

10 Real Estate Assets at Riyadh Weddings Auction“

Efada, under the supervision of Enforcement, offers 10 different properties in Riyadh in an online auction from February 3 to 5, 2025

10 real estate opportunities in the Aqdas Auction

Organized by the Meshal Al-Zabin Foundation under the supervision of Enforcement on Sunday, February 9, 2025 at 3pm in person and online at Al Farida Hall in Riyadh.

Al-Baha Municipality plans to implement 700 housing units for needy families

Partnership with Sakan Foundation and Al Baha Association to provide hundreds of units to needy families over five years

Developer Services Center - Umm Al-Qura Plan Approval

Infographic: “Completion” approves more than 1250 plans for residential projects in 2024

The center has approved the designs of more than 65,000 units on more than 24 million square meters and provided 6,841 services.

International Monetary Fund Riyadh office market

Learn about the movements of real estate prices in the cities and regions of the Kingdom during 2024

GASTAT: Real estate prices rose 3.6% in 2024 supported by Riyadh (+10.2%) and a new calculation methodology.

NHC and its partners to sell more than 2,53% worth more than SAR 26.7 billion in 2024

It has concluded more than 25.8 thousand sales contracts in its projects in more than 18 cities, supporting the goals of the housing program.

Ministry of Commerce - Saudi Companies

“Trade”: 521 thousand commercial records issued in 2024 with a growth rate of 60% compared to the previous year

The Ministry of Commerce issued 521,969 business records in 2024, of which 368,038 were for organizations, 153,931 for companies, and a total of 1,606,169 listings.

Statistics: Residential rents rose by 10.6% last month

Authority: Housing sector rises 8.9% driven by rents, meat prices jump 29% contributing to inflation

Iraq to launch 1.5 million housing units by 2026

Construction of 1.5 mn housing units will begin in 2025-2026 as the housing fund is strengthened and new loan batches are launched.

Real Estate Development Fund - Your Subsidy Equals Your Installment - Direct Lending

Real Estate Fund: 12.2 million electronic transactions to facilitate home ownership in 2024

It was implemented across multiple platforms, included services and exchanges in partnership with the housing ecosystem, and received National Enterprise Architecture accreditation.

62.9 billion riyals the volume of financing for beneficiaries of housing support programs in 2024

Financing rose 16.4% and the number of contracts jumped to 89K with the support of housing programs through 2024

“Real Estate Fund”: 20 % growth in financing contracts for housing support programs in 2024

89,000 beneficiaries signed contracts worth SAR 62.9 billion, with three new financing solutions to be launched in 2024.

Rebiz Real Estate Company - Auction

Rabeez Real Estate Company to auction 16 residential properties next Tuesday

An online auction to sell 16 residential properties from January 14-16, 2025 via Mubasher Auctions.

Riyadh Municipality approves 19 residential plans with an area of more than 13.5 million square meters in 2024

More than 17,000 housing units have been secured and 18,248 building permits have been issued as the number of plots expands.

Real Estate Sorting Program

Steps and requirements for sorting real estate units through Sakani platform

Sakani allows owners and developers to organize units and issue deeds electronically according to specific requirements and fees.

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