{"id":57792,"date":"2023-07-15T18:40:36","date_gmt":"2023-07-15T15:40:36","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=57792"},"modified":"2023-07-15T18:40:36","modified_gmt":"2023-07-15T15:40:36","slug":"%d8%aa%d9%82%d9%86%d9%8a%d8%a9-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1%d8%a7%d8%aa-%d8%a3%d9%88-%d8%a7%d9%84%d8%a8%d8%b1%d9%88%d8%a8%d8%aa%d9%83-%d9%81%d9%8a-%d8%a7%d9%84%d8%b3%d8%b9%d9%88%d8%af","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/57792\/","title":{"rendered":"Real estate technology or \u201cproptech\u201d... in Saudi Arabia at the click of a button"},"content":{"rendered":"

Real estate technology or \u201cproptech\u201d... in Saudi Arabia at the click of a button<\/span><\/h4>\n

Mohammed Al-Hassami<\/h4>\n

Technology in the real estate sector (PropTech) has become an integral part of our lives, and the term \u201cPropTech\u201d is a portmanteau of the words \u201ctechnology\u201d and \u201creal estate.\u201d Therefore, the General Real Estate Authority in the Kingdom of Saudi Arabia has begun leading the digital transformation process in the real estate sector by licensing online real estate platforms, apps, and auction platforms, It has also signed an agreement with \u201cPropTech Saudi\u201d to raise the level of knowledge in the field of real estate technology, promote investment in it, empower its growth in the market, and provide platforms for the exchange of expertise.<\/p>\n

National efforts have also contributed to facilitating technology through the National Smart Cities Platform launched by the Saudi Data and Artificial Intelligence Authority (SDAIA). With the rapid acceleration of digital transformation, rates of cyberattacks and the risk of data breaches are rising, prompting the Kingdom to place greater emphasis on providing a secure environment for digital data within the Saudi cyberspace.<\/p>\n

Thanks to the provision of a secure digital environment, there has been continuous technological progress and innovation in the real estate sector to keep pace with<\/p>\n

Saudi Arabia\u2019s Vision 2030, and there is now a challenge and a race for real estate talent among young men and women who recognize the importance of the real estate sector and its impact on the national economy, and who understand the technological changes and transformations across all fields and their fundamental impact on the reality of the real estate sector. They also recognize the importance of technology to users and how tech-based services have become their preferred choice due to their speed and ease of use.<\/p>\n

Recognizing this, they were able to integrate technology into their real estate sector and operations, staying ahead of the competition. This technology contributed to a qualitative leap that transformed the real estate sector into a more transparent, efficient, and clear digital environment, revolutionizing traditional methods such as (buying and selling), and helped enrich and improve the customer experience by offering effective solutions that made the process of renting, selling, or buying a property easier and faster.<\/p>\n

This technology has provided convenient ways, through real estate platforms, to showcase properties virtually, thereby meeting users\u2019 needs much better than before, It has also been integrated into a dedicated auction platform that has streamlined the sales process and allowed auction participants to take part without having to be physically present at the auction site, while also enabling them to participate in multiple auctions, such as:<\/p>\n

    \n
  1. \u2013 Saudi Auction Platform. \u200f<\/li>\n
  2. \u2013 A guide to auctions. \u200f<\/li>\n
  3. \u2013 Live Auctions. \u200f<\/li>\n
  4. \u2013 Somtek. \u200f<\/li>\n<\/ol>\n

    And it doesn't stop at individuals; some real estate companies have assessed this reality, accepted it, and studied it, and have incorporated technology into their operations through applications and platforms such as:<\/p>\n

      \n
    1. \ud83d\udd38Smart Cities.<\/li>\n
    2. \ud83d\udd38Smart construction, designs, and interactive maps.<\/li>\n
    3. \ud83d\udd38 Smart Homes.<\/li>\n
    4. \ud83d\udd38Automation.<\/li>\n
    5. \ud83d\udd38Cloud computing.<\/li>\n
    6. \ud83d\udd38Virtual Reality (VR) Headsets.<\/li>\n
    7. \u00a0\ud83d\udd38Interactive 3D models.<\/li>\n
    8. \u00a0\ud83d\udd38Artificial Intelligence.<\/li>\n
    9. \u00a0\ud83d\udd38Aerial photography using drones.<\/li>\n
    10. \u00a0\ud83d\udd38Professional photography.<\/li>\n
    11. \ud83d\udd38 Graphical representation.<\/li>\n
    12. \u00a0\ud83d\udd38Virtual tours with 360-degree photography.<\/li>\n
    13. \u00a0\ud83d\udd38Virtual Reality and Augmented Reality.<\/li>\n
    14. \ud83d\udd38Chat reports and real-time conversations with users.<\/li>\n
    15. \ud83d\udd38The Metaverse and Buying Real Estate in the Virtual World.<\/li>\n<\/ol>\n

      Finally...<\/p>\n

      The real estate sector is undergoing a rapid technological transformation at the push of a button, thanks to wise leadership that has facilitated, harnessed, legislated, empowered, supported, and established a secure environment that has helped individuals and companies grow and operate professionally .<\/p>","protected":false},"excerpt":{"rendered":"

      Reading time: <\/span> 2<\/span> Minutes<\/span><\/span>Real Estate Technology, or \u201cPropTech\u201d... In Saudi Arabia, at the push of a button by Mohammed Al-Hassami, technology in the real estate world (PropTech) has become an important part of our lives. The term \u201cPropTech\u201d combines the words \u201ctechnology\u201d and \u201creal estate.\u201d Therefore, the General Real Estate Authority in the Kingdom of Saudi Arabia has begun leading the digital transformation process in the real estate sector by licensing electronic real estate platforms, applications, and auction platforms, and has signed an agreement with \u201cPropTech Saudi Arabia\u201d to enhance\u2026 Read more<\/a><\/p>","protected":false},"author":28,"featured_media":52885,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_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":[],"footnotes":""},"categories":[104],"tags":[],"class_list":["post-57792","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-and-regulations"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak 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