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With sales exceeding half a billion riyals, Sumtech closes the largest online real estate auction in the Kingdom

Reading time: < 1 Minuteأغلقت منصة سومتك للمزادات الإلكترونية مطلع هذا الأسبوع مزاد مخطط النخيل، تحت إشراف مركز الإسناد والتصفية "إنفاذ" أكبر المزادات العقارية الإلكترونية في المملكة العربية السعودية، بقيمة إجمالية تجاوزت 600 مليون ريال. حيث بلغ عدد المسجلين في المزاد +2300 مسجل وعدد المشاركين في المزاد +600 مشارك، ووصلت أعداد المزايدات +18000 مزايدة، وبلغ عدد القطع 381 قطعة أرض.

12/06/2023

Online Real Estate Auctions

Retail mortgages fall 7.9% in the first quarter of 2025

According to SAMA data, banks recorded SAR 27.77 billion in financing, villas accounted for SAR 17.4 billion and March recorded SAR 8.4 billion.

Minister of Housing and Municipalities: The size of the real estate sector will rise to 850 billion riyals in 2024

Sector contributes 16% of foreign investment inflows and more than 850,000 households own their own homes

Residential program

Real estate expert: The Crown Prince's decisions achieve real estate stability and affordable prices

A donation of one billion riyals and directives to provide 10 to 40 thousand pieces annually at prices not exceeding 1,500 riyals per meter.

Real Estate Registration Authority Logo

“Real Estate Authority”: 97% growth in real estate brokerage contracts in the first quarter of 2025

More than 96,000 brokerage contracts documented in Q1 2025 at a rate of 44 contracts per hour and a total notary exceeding 1.4 million

Residential program

“Real Estate Fund” deposits more than one billion riyals in the accounts of “Residential” beneficiaries for the month of April

المبلغ مخصص لدعم أرباح عقود الدعم السكني لتسهيل تملك المستفيدين عبر خدمات إلكترونية وتمويلية.

Real Estate Marketing - Lana Al-Shabaneh - The Line

New Age Housing

Families are increasingly turning to compounds in major cities as they seek privacy, security and services, with developers shifting to targeting citizens.

Dubai - Real Estate Deals and Sales 

Dubai launches its first real estate finance robot

Hesbee launches a WhatsApp bot that compares mortgages and assesses eligibility through artificial intelligence

Real Estate Marketing - Lana Al-Shabaneh - The Line

After its launch. How to take advantage of the service to create a brokerage contract between real estate brokers?

الهيئة العامة للعقار توفر توثيقًا لعقود الوساطة الفرعية وتحديد الحقوق المالية وآليات توزيع العربون

Riyadh - Real Estate in Riyadh - Trade Names System

Statistics: Real Estate Price Index jumps 4.3% in the first quarter of 2025

The index stood at 104.93 points with residential rising 5.1%, commercial rising 2.5%, and agricultural falling 1.1%.

Video... A real estate expert offers a prescription for controlling real estate prices and boosting real estate supply

المبيض يشدد على مراقبة الأسعار لزيادة معروض الأراضي وتمكين المطورين وحماية المستهلك.

Saudi Central Bank

Individuals and villas accounted for the largest share of real estate financing in February

Retail financing through banks jumps 28% to SR8.91 bn in February with 11.8k contracts signed.

Imad Al-Abdalrahman - Economic Journalist - Riyadh Metro - Foreign Investment in Real Estate - Elevators - Amlak Real Estate Newspaper

Commercial vs. residential real estate. Which is the best investment in Saudi Arabia?

A brief comparison of the advantages and risks of commercial and residential real estate investment in Saudi Arabia to guide the investor's decision.

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

Real estate investment in secondary cities Supports urban decentralization

Real estate growth opportunities in secondary cities like Hail and Abha require data, infrastructure and supportive policies

Zakat, Tax and Customs Authority

Details... New executive regulations for real estate tax exemptions

The FRA adopted the regulation to impose the 5% tax with exemptions and controls for disposals and financing contracts for endowments, associations and public entities.

Minister of Finance Mohammed Al-Jadaan - Real Estate Transaction Tax Executive Regulations

Finance Minister reveals government's plan to curb real estate prices and rents in Riyadh

Directives to boost real estate supply by lifting suspensions in North Riyadh, amending white land fees and regulating the landlord-tenant relationship

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