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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
U.S. Real Estate - Home Sales

U.S. home sales jumped sharply in November

Pending sales increased 2.2% in November to 79, the highest level since February 2023, and inventory rose 18%.

SAR 81.45 billion in housing finance provided to individuals in 11 months

Housing finance grows 9.65% and contracts rise to 109.76K, with banks leading the way.

Real estate investment

Real estate expert Matar Al-Shammari offers real estate tips for buying real estate

He emphasized that the decision to buy depends on financial readiness, and advised that the finance installment should not exceed 35% of the salary.

NHC launches a new project in Al Mashreqiya destination east of Riyadh with prices starting from SAR 225K

The project includes 468 units on more than 65,000 square meters with educational and recreational facilities and areas up to 239 m².

36 Real Estate Opportunities at Cordoba Jewels Auction

A physical and electronic sale in Riyadh on January 14, 2025 for residential plots near King Khalid Airport and Princess Nourah University

Hisham Al Qasem Real Estate Articles - Real Estate Investment - National Day 95 - Housing Projects Don't buy a property without a consultant - The Journey of Home Ownership

How do you choose the perfect property in a volatile market?

Guidelines for evaluating real estate in Saudi Arabia and selecting promising investment areas based on location, income, and cost

Real Estate Development Fund

11.9 billion riyals deposited in the accounts of “Residential” beneficiaries in 2024

The Real Estate Development Fund deposited 1.11 billion riyals to the beneficiaries of "Sakani" in December, completing the support of the housing program through 2024.

Administrative offices and residential real estate

Report: Strong demand for residential and office real estate in Saudi Arabia during the third quarter

CBRE: Office supply shortage, rising rents in Riyadh and Jeddah, and growth in residential sales transactions

Rent - Residential Contracts - Refunds

How to document leases to protect rights and organize relationships

Detailing the conditions, documents, and procedures required to amend lease contracts documented through the Ejar platform in Saudi Arabia.

Eighth Arab Housing Conference concludes in Algiers with key recommendations

The recommendations called for sustainable urbanism, standardization of housing standards, creation of databases and support for social housing and eco-friendly materials

Residential program

Residential program clarifies how to reserve new plots and self-build conditions

The account and app explain the terms of self-building and its completion within 3 years while following the application process.

Infographic: Everything you need to know about Teeqan's building verification service

Riyadh Municipality launches Tiqn service via Madinaty app to verify building licenses, occupancy certificates and violations

Housing organization - housing unit

“SCAN hosts the eighth meeting of the Nonprofit Roundtable Leaders in the Nonprofit Sector

The meeting reviewed the year's results, made financial commitments, and discussed recommendations and partnerships to enhance the sector's role in Vision 2030

Prince Faisal bin Bandar hands over new housing units to beneficiaries of developmental housing in Riyadh

The ceremony included honoring major donors and announcing that 180 million riyals had been raised to support 4643 families in Riyadh.

Building license via Baladi platform

Infographic: Requirements for issuing a building permit for residential buildings according to the Saudi code

Hail Municipality clarifies the steps to issue a residential building license: A certified designer and supervisor, a qualified contractor, and an insurance policy.

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