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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
Saudi Central Bank

SAR 72.37 billion in real estate financing from banks and companies to individuals by the end of October 2025

Real estate financing for individuals in Saudi Arabia increased to 72.37 billion riyals by the end of October 2025 compared to the previous year.

Matar Al-Shammari, Old Buildings - Real Estate Marketing

Video Tips for managing mortgage payments and avoiding default

Financial tips to manage real estate installments and avoid default in Saudi Arabia

Residential program

“Enforcement oversees 78 auctions to sell and liquidate more than 1,000 real estate assets by the end of 2025

"Enforcement" organizes 78 auctions to sell more than 1000 real estate assets until the end of 2025 in various regions of the Kingdom.

Residential program

Public Investment Fund and Jones Lang LaSalle sign agreement to boost the growth of the facilities management sector

The Public Investment Fund signs an agreement with Jones Lang LaSalle to enhance facilities management in Saudi Arabia.

VIDEO. Chairman of the Real Estate Authority: The real estate sector opens wide horizons for quality investments

Chairman of the Real Estate Authority: The Saudi market is ready to attract international investments and enhance transparency and competitiveness.

Real estate financing is on the rise 19.6 billion riyals of housing loans in Q2 2025

Residential real estate financing in Saudi Arabia rose to SAR 19.6 billion in Q2 2025 with a growth rate of 3.7%.

Saudi Central Bank

New residential real estate financing from banks to individuals fell to 5.5 billion riyals in October 

Residential real estate financing for individuals in Saudi Arabia fell to SAR 5.5 billion in October 2025 by 32%.

Residential program

New Square Development Company promotes investment cooperation between Saudi Arabia and Japan

Despite year-on-year declines Mortgage financing from finance companies rises in October 2025

Residential mortgage financing in Saudi Arabia increased by 5.3% in October 2025 despite a year-on-year decline of 14.5%.

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

“Saudi Arabia's Real Estate Finance Leap: From 200 to more than 900 billion riyals in 2025 - What's the significance and challenges?”

Real estate finance in Saudi Arabia to exceed SAR 900 billion by 2025, with challenges requiring careful risk management.

Madac Real Estate

«Madak Real Estate launches new investments worth SAR 151 million

«Madak Real Estate invests SAR 151 million in two residential projects in Riyadh and Al Khobar as part of Vision 2030.

Real Estate Loans in Saudi Arabia 2025 Record numbers point to continued funding momentum

Rising real estate loans in Saudi Arabia 2025 reflect strong demand for housing and investment amid economic developments.

Mostly in the real estate sector. Saudi banks prepare to inject USD 75 bn in corporate finance annually

Saudi banks plan USD 75 bn in corporate financing annually focused on real estate and utilities through 2026.

By the Numbers. Personal real estate finance in Saudi Arabia is set to surge in 2025

Personal real estate financing in Saudi Arabia increased by 20% during the first quarter of 2025 compared to last year.

Cityscape

Cityscape Global concludes with more than SAR 237 billion in deals

Cityscape Riyadh achieves real estate deals exceeding 237 billion riyals with the participation of 577 local and international exhibitors.

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