{"id":32006,"date":"2021-08-12T21:31:16","date_gmt":"2021-08-12T18:31:16","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=32006"},"modified":"2021-08-12T21:31:16","modified_gmt":"2021-08-12T18:31:16","slug":"%d8%b5%d9%81%d9%82%d8%a7%d8%aa-%d8%a7%d9%84%d8%a3%d8%b1%d8%a7%d8%b6%d9%8a-%d8%aa%d9%8f%d8%b3%d8%ac%d9%91%d9%84-16-%d9%85%d9%84%d9%8a%d8%a7%d8%b1%d9%8b%d8%a7-%d9%81%d9%8a-%d8%b4%d9%87%d8%b1-%d9%88","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/32006\/","title":{"rendered":"\u201cLand deals hit 16 billion in one month"},"content":{"rendered":"

The value of real estate transactions during the month of Dhul Hijjah 1442 increased by 48.34 percent on a monthly basis to reach approximately 17.426 billion riyals, compared to Shawaal where 11.750 billion riyals were recorded, an increase equivalent to 5.68 billion riyals. Real estate transactions involving land plots accounted for the largest share at 92.35 percent of the total value, reaching approximately 16.093 billion riyals.

Annual decline
<\/span><\/strong>
Al-Watan\u2019s analysis, based on data from the Ministry of Justice, showed a year-on-year decline in the value of real estate transactions during the month of Ramadan 1442H, compared to the same period last year, which amounted to about 26.51 billion riyals.

Similarly, the number of real estate transactions completed during the month of Ramadan last year decreased to about 24.3 thousand transactions, compared to 39.1 thousand transactions during Ramadan 1441.

As for the area of real estate that was subject to transactions during the month of Dhul Qadah, it increased by 188 percent to reach 516.72 million square meters compared to the same month last year, as its area reached 179.2 million square meters.

Details of the deals<\/span><\/strong>

As for real estate transactions by property type during the month of Dhul Qadhaa 1442, the value of real estate transactions for land plots amounted to 16,093.3 million riyals, agricultural land 653.1 million riyals, apartments 293.4 million riyals, facilities 131.1 million riyals, exhibition\/shop 98.5 million riyals, villa 98.1 million riyals, house 36.1 million riyals, commercial center 17.8 million riyals, and building 3.7 million riyals, and rest area 1.4 million riyals.

residential real estate transactions<\/span><\/strong>

The decline in residential real estate transactions by 39% led to a decline in real estate transactions during the month of Dhul Qadhaa 1442, with residential real estate transactions falling to 10.73 billion riyals compared to the same period last year.

Commercial real estate transactions also recorded a decrease of 23 percent to reach 5.53 billion riyals, while agricultural and industrial transactions amounted to about 1.17 billion riyals.

The value of residential transactions accounted for 61.6% of the total real estate transactions, commercial transactions for about 31.7%, and agricultural and industrial transactions for 6.7%.

10-month deals<\/span><\/strong>

The local real estate market recorded a growth of 27.67%, equivalent to 36.44 billion riyals, and the value of real estate transactions during the first ten months of the year 1442 reached approximately 168.12 billion riyals, with an average of 0.840 billion riyals per day, compared to 131.68 billion riyals in the same period of 1441, with an average of 0.658 billion per day.

Real estate transactions during the month of Dhul Qadhaa 1442

17.426.3 billion riyals is the total value of the transactions.

516.72 million square meters of real estate that were the subject of transactions.

24.3 thousand number of real estate transactions during the month.

Distribution of trades<\/span><\/strong>

10.73 billion riyals for residential real estate transactions.

5.53 billion riyals in commercial real estate transactions.

1.17 billion riyals for agricultural and industrial deals.

The values of real estate transactions are based on the type of property.

Land cut 16093.3 million riyals

Agricultural land 653.1 million riyals

Apartments 293.4 million riyals

Attachment 131.1 million riyals

Exhibition\/Shop 98.5 million riyals

Villa 98.1 million riyals

House worth 36.1 million riyals

Commercial center 17.8 million riyals

Building cost 3.7 million riyals

1.4 million riyals break
<\/p>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>The value of real estate transactions completed during the month of Dhu al-Qi'dah 1442 jumped by 48.34% on a month-over-month basis to reach approximately 17.426 billion riyals, compared to the month of Shawwal, when the value stood at 11.750 billion riyals\u2014an increase of 5.68 billion riyals. Real estate transactions involving land parcels accounted for the largest share, at 92.35% of the total value, amounting to approximately 16.093 billion \u2026 Read more<\/a><\/p>","protected":false},"author":11,"featured_media":32049,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":""\u0635\u0641\u0642\u0627\u062a \u0627\u0644\u0623\u0631\u0627\u0636\u064a" \u062a\u064f\u0633\u062c\u0651\u0644 16 \u0645\u0644\u064a\u0627\u0631\u064b\u0627 \u0641\u064a \u0634\u0647\u0631 \u0648\u0627\u062d\u062f","_seopress_titles_desc":"%%sitename%% %%title%%","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"amlak_video_sent":"","footnotes":""},"categories":[100],"tags":[],"class_list":["post-32006","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-residential"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":""}},"featured_image_urls":{"full":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2021\/08\/697295.jpg",1000,662,false],"thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2021\/08\/697295-150x150.jpg",150,150,true],"medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2021\/08\/697295-300x199.jpg",300,199,true],"medium_large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2021\/08\/697295-768x508.jpg",768,508,true],"large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2021\/08\/697295.jpg",1000,662,false],"1536x1536":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2021\/08\/697295.jpg",1000,662,false],"2048x2048":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2021\/08\/697295.jpg",1000,662,false],"trp-custom-language-flag":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2021\/08\/697295.jpg",18,12,false],"event-thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2021\/08\/697295-300x200.jpg",300,200,true],"event-medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2021\/08\/697295-600x400.jpg",600,400,true],"event-large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2021\/08\/697295.jpg",1000,662,false],"event-hero":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2021\/08\/697295.jpg",1000,662,false]},"author_info":{"info":["\u0623\u0645\u0644\u0627\u0643 \u0627\u0644\u0631\u064a\u0627\u0636"]},"category_info":"\u0633\u0643\u0646\u064a<\/a>","tag_info":"\u0633\u0643\u0646\u064a","comment_count":"0","_links":{"self":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/32006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/comments?post=32006"}],"version-history":[{"count":0,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/32006\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media\/32049"}],"wp:attachment":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media?parent=32006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/categories?post=32006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/tags?post=32006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}