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Saudi Central Bank announces the authorization of the Saudi Housing Guarantee Services Company «Damanat»

Reading time: < 1 Minuteأعلن البنك المركزي السعودي “ساما” الترخيص للشركة السعودية لخدمات الضمان الإسكاني “ضمانات“، وهي شركة مملوكة لصندوق التنمية العقارية​؛ وتختص بمزاولة نشاط التأمين في فرعَي “التأمين ... Read more

10/07/2023

Saudi Central Bank
Ministry of Municipalities and Housing

Municipalities and Housing clarify how to report investment housing zoning violations

Reporting via Baladi app or the unified number 940, municipalities conduct field tours and fines can reach up to 200,000 riyals.

Expropriation Law

Cases of public interest expropriation in Saudi Arabia What are the compensation mechanisms?

The new system (39 articles) grants compensation at market price +20% and alternative options, and applies after 120 days.

White Land Fees Program

36 يوماً على انتهاء مدة تسجيل الأراضي البيضاء وتفادي الغرامات

الوزارة تحث الملاك على التسجيل قبل 30 أكتوبر لتجنب غرامات تصل إلى 100% وخصص العوائد لدعم الإسكان.

Ministry of Municipalities and Housing

Ministry of Municipalities and Housing tightens controls to monitor housing unit zoning violations

Municipalities start monitoring tours and receive reports via Baladi app or 940, with fines of up to 200,000 riyals.

Zakat, Tax and Customs Authority

“Zatca calls on businesses to submit VAT returns for last month

The authority reminds businesses whose supplies exceed SAR 40 million to submit VAT returns for August before September 30.

Residential program

Infographic: Regulations and requirements for organizing commercial competitions

Includes electronic licensing, mandatory publication of contest details, prohibition of purchase requirements or price gouging, and punishment of violators

Reply. Al Morshedi Real Estate Projects

Survey: Promoting real estate projects and auctions Between influencer awareness and marketer expertise (1)

Murshidi: Celebrities only energize the brand, their impact on sales is limited, local marketing agencies are weak and pricing is ambiguous.

Residential program

Saudi Real Estate Authority launches legislative pilot to support innovation in the real estate sector

KDIPA launches the draft regulatory framework via a "survey" platform to receive public feedback and enable Proptech experiences.

Residential program

Details... “Municipalities and Housing” launches an updated version of the guide to health, technical and safety conditions in collective housing for individuals

يغطي الدليل المسارات الصحية والفنية ومعايير السلامة لتنظيم المساكن الجماعية ورفع مستوى الامتثال وجودة الحياة.

Group Housing Development Program invites establishments with 20 or more workers to issue licenses through Baladi“

Non-compliant establishments face fines, suspension of government services, and the implementation of monitoring tours to ensure the implementation of the requirements.

Steps to terminate consensual leases

Ejar platform launches an e-service that allows easy termination of the contract between landlord and tenant while protecting rights

Ejar - Ejar Platform

Infographic: Characteristics of the residential lease contract through Ejar platform

Ejar's platform clarifies the pickup and delivery procedures, payment mechanisms, security refund, and electronic payment with specific dates.

Infographic: Riyadh Municipality's “Building System Service” and its beneficiaries

Riyadh Municipality launches digital service via Madinati app to provide land controls for investors, offices and residents

«White Land» calls on owners to register their land before October 30 to avoid fines

The program warned of fines of up to 100% and called on owners to register on the website before October 30, 2025.

Territory

الهبات وتقسيم الأراضي.. أبرز صور التحايل على رسوم «الأراضي البيضاء»

ملاك يلجأون لتقسيم وتسجيل هبات لتجنب الرسوم، وخبراء يطالبون بتشديد الضوابط وربط الإعفاء بفترات زمنية.

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