{"id":92197,"date":"2025-11-03T09:50:54","date_gmt":"2025-11-03T06:50:54","guid":{"rendered":"https:\/\/amlak.net.sa\/?p=86824"},"modified":"2025-11-03T09:50:54","modified_gmt":"2025-11-03T06:50:54","slug":"%d8%a7%d9%84%d8%aa%d9%82%d9%86%d9%8a%d8%a7%d8%aa-%d8%a7%d9%84%d8%b9%d9%82%d8%a7%d8%b1%d9%8a%d8%a9-%d9%85%d9%84%d8%a7%d9%85%d8%ad-%d8%a7%d9%84%d8%aa%d8%ad%d9%88%d9%84-%d8%a7%d9%84%d9%82%d8%a7%d8%af","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/92197\/","title":{"rendered":"Real Estate Technologies. Features of the upcoming transformation of the Saudi real estate market"},"content":{"rendered":"

Real Estate Technologies. Features of the upcoming transformation of the Saudi real estate market<\/strong><\/span><\/p>\n

Dr.. Dr. Abdulhakim bin Abdullah Alkharhi<\/strong><\/span><\/p>\n

Saudi Arabia's real estate sector is undergoing an extraordinary transformation that reflects the depth of National transformation<\/a><\/strong> Real estate development is no longer limited to construction and planning, but has become an integrated national project in which technology intersects with legislation, investment with governance, and innovation with regulation. At the heart of this scene is the concept of real estate technologies (PropTech) as one of the most important future drivers to reshape the Saudi real estate market and formulate a new system in which information, digital platforms, and artificial intelligence are integrated with real estate systems and legislation.<\/p>\n

For decades, the real estate sector has been one of the most traditional sectors, but the wave of digitization led by the UAE as part of its comprehensive digital transformation strategies has imposed a new reality based on open data, electronic contracts, digital documentation, and smart real estate platforms. Thus, the value in real estate is no longer limited to its location or structure, but in the information that surrounds it: Its legal history, trading transparency, operational efficiency, and its ability to integrate with modern technology tools in finance, management, and marketing.<\/p>\n

According to the United Nations reports for 2024, the Kingdom ranked first in the region and sixth globally in the Government Digital Transformation Index, ranked second among the G20 countries, and achieved first place globally in open government data and digital knowledge. These indicators not only express technical progress, but also confirm that the Kingdom has become a mature environment ready to embrace the digital real estate transformation, in line with the national goals towards building a prosperous digital economy.<\/p>\n

In this context, the World Proptech Summit <\/a><\/strong>(The Global PropTech Summit was held in Riyadh on October 26 and 27, 2025, organized by Riyadh Eye and in strategic partnership with the Real Estate General Authority (REGA), as an international platform that combines legislation, technology and investment, and reflects the Kingdom's position as one of the global centers of influence in the smart real estate industry. The summit was held under the theme \u00abInnovation for a Sustainable Future\u00bb and included more than one hundred speakers from eighty-five countries, and discussed in fifty sessions and workshops the future of open real estate data, digital contracts, artificial intelligence in valuation, smart construction, and real estate sustainability.<\/p>\n

The most prominent feature of this year's summit was the clarity of the Kingdom's strategic direction towards localizing real estate technologies and attracting international investments. The General Authority for Real Estate launched the Sandbox, Real Estate Business Accelerator and Proptech Saudi, initiatives dedicated to enabling startups and entrepreneurs to test their technology solutions in a flexible and safe environment, and these initiatives have resulted in the localization of seven foreign companies and closed investment rounds exceeding SAR 37 million in a short period of time.<\/p>\n

These efforts come within an integrated path that aims to make the Kingdom a global center for real estate innovation, as it is estimated that the global real estate technology market exceeded $86 billion in 2024 and is on track to exceed $133 billion by 2032, one of the fastest growing sectors in the world. The General Authority for Real Estate seeks to direct part of these investments to Saudi Arabia through flexible legislation, international partnerships, and digital enablers that enhance the competitiveness of the local market.<\/p>\n

His Excellency the Minister of Municipalities and Housing - Chairman of the Public Authority for Real Estate - stressed in his speech during the opening of the summit that real estate technology has become a strategic tool to move value in the economy, as it contributes to making real estate settlements instantaneous, escrow accounts automated, and cross-border investment more rapid and transparent. His Excellency pointed out that this transformation is not only technical, but also a transformation in the financial and organizational structure that opens the door to foreign direct investments estimated at more than $100 billion annually by the end of the decade, under a legislative environment that ensures transparency and financial security.<\/p>\n

Digital contracts need legal frameworks that prove their legal validity, artificial intelligence in valuation requires controls that prevent conflicts of interest or algorithmic error, and smart real estate platforms need official accreditation and professional oversight that maintains the trust of both investors and consumers. Here, lawyers and legal advisors play a vital role in formulating modern legal models that balance innovation and protection of rights.<\/p>\n

From my participation in this summit as a representative of AssisYour Law Firm, it became clear that the future of the real estate market is no longer measured by the size of projects or capital, but by the ability of the legal and regulatory system to efficiently and responsibly manage the technological transformation. Every successful technology needs mature legislation that ensures fairness and transparency, and every thriving market needs smart governance that balances growth and regulation.<\/p>\n

The Global Proptech Summit was not a passing event, but a clear message that Saudi Arabia is redrawing the global real estate map from Riyadh, a city that has become the capital of smart real estate thinking and a platform that combines legislation, technology and investment in one scene. As this transformation accelerates, it remains certain that technology does not exclude man, but rather enhances his role and makes his decision more accurate and fair, and that the Kingdom's real estate future is built with an enlightened legal mind, conscious technology, and a vision that does not know the impossible.<\/p>\n

@Dr_alkharji<\/strong><\/span><\/p>\n

 <\/p>\n

 <\/p>","protected":false},"excerpt":{"rendered":"

Reading time: <\/span> 3<\/span> Minutes<\/span><\/span>Real Estate Technologies. Features of the upcoming transformation in the Saudi real estate market Dr. Abdulhakim bin Abdullah Al-Kharhi The real estate sector in the Kingdom of Saudi Arabia is witnessing an exceptional transformation that reflects the depth of the comprehensive national transformation that the Kingdom is experiencing under Vision 2030, as real estate development is no longer limited to construction and planning, but has become an integrated national project in which technology, legislation, investment ... Read more<\/a><\/p>","protected":false},"author":10,"featured_media":79219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"0","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[7782],"tags":[],"class_list":["post-92197","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"acf":{"amlak_post_excerpt":"\u0627\u0644\u062a\u062d\u0648\u0644 \u0627\u0644\u0631\u0642\u0645\u064a \u0641\u064a \u0627\u0644\u0633\u0648\u0642 \u0627\u0644\u0639\u0642\u0627\u0631\u064a \u0627\u0644\u0633\u0639\u0648\u062f\u064a: \u062a\u0642\u0646\u064a\u0627\u062a \u062c\u062f\u064a\u062f\u0629 \u062a\u062f\u0639\u0645 \u0631\u0624\u064a\u0629 2030 \u0648\u062a\u0639\u0632\u0632 \u0627\u0644\u0627\u0628\u062a\u0643\u0627\u0631 \u0648\u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631.","amlak_post_excerpt_source":{"label":"Amlak post excerpt","type":"text","formatted_value":"\u0627\u0644\u062a\u062d\u0648\u0644 \u0627\u0644\u0631\u0642\u0645\u064a \u0641\u064a \u0627\u0644\u0633\u0648\u0642 \u0627\u0644\u0639\u0642\u0627\u0631\u064a \u0627\u0644\u0633\u0639\u0648\u062f\u064a: \u062a\u0642\u0646\u064a\u0627\u062a \u062c\u062f\u064a\u062f\u0629 \u062a\u062f\u0639\u0645 \u0631\u0624\u064a\u0629 2030 \u0648\u062a\u0639\u0632\u0632 \u0627\u0644\u0627\u0628\u062a\u0643\u0627\u0631 \u0648\u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631."}},"featured_image_urls":{"full":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/06\/\u0639\u0628\u062f\u0627\u0644\u062d\u0643\u064a\u0645-\u0627\u0644\u062e\u0631\u062c\u064a.jpg",898,1085,false],"thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/06\/\u0639\u0628\u062f\u0627\u0644\u062d\u0643\u064a\u0645-\u0627\u0644\u062e\u0631\u062c\u064a-150x150.jpg",150,150,true],"medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/06\/\u0639\u0628\u062f\u0627\u0644\u062d\u0643\u064a\u0645-\u0627\u0644\u062e\u0631\u062c\u064a-248x300.jpg",248,300,true],"medium_large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/06\/\u0639\u0628\u062f\u0627\u0644\u062d\u0643\u064a\u0645-\u0627\u0644\u062e\u0631\u062c\u064a-768x928.jpg",768,928,true],"large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/06\/\u0639\u0628\u062f\u0627\u0644\u062d\u0643\u064a\u0645-\u0627\u0644\u062e\u0631\u062c\u064a-848x1024.jpg",848,1024,true],"1536x1536":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/06\/\u0639\u0628\u062f\u0627\u0644\u062d\u0643\u064a\u0645-\u0627\u0644\u062e\u0631\u062c\u064a.jpg",898,1085,false],"2048x2048":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/06\/\u0639\u0628\u062f\u0627\u0644\u062d\u0643\u064a\u0645-\u0627\u0644\u062e\u0631\u062c\u064a.jpg",898,1085,false],"trp-custom-language-flag":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/06\/\u0639\u0628\u062f\u0627\u0644\u062d\u0643\u064a\u0645-\u0627\u0644\u062e\u0631\u062c\u064a.jpg",10,12,false],"event-thumbnail":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/06\/\u0639\u0628\u062f\u0627\u0644\u062d\u0643\u064a\u0645-\u0627\u0644\u062e\u0631\u062c\u064a-300x200.jpg",300,200,true],"event-medium":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/06\/\u0639\u0628\u062f\u0627\u0644\u062d\u0643\u064a\u0645-\u0627\u0644\u062e\u0631\u062c\u064a-600x400.jpg",600,400,true],"event-large":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/06\/\u0639\u0628\u062f\u0627\u0644\u062d\u0643\u064a\u0645-\u0627\u0644\u062e\u0631\u062c\u064a-898x800.jpg",898,800,true],"event-hero":["https:\/\/amlak.net.sa\/wp-content\/uploads\/2025\/06\/\u0639\u0628\u062f\u0627\u0644\u062d\u0643\u064a\u0645-\u0627\u0644\u062e\u0631\u062c\u064a-898x1080.jpg",898,1080,true]},"author_info":{"info":["\u0627\u0645\u0644\u0627\u0643 \u0627\u0644\u0639\u0642\u0627\u0631\u064a\u0629"]},"category_info":"\u063a\u064a\u0631 \u0645\u0635\u0646\u0641<\/a>","tag_info":"\u063a\u064a\u0631 \u0645\u0635\u0646\u0641","comment_count":"0","_links":{"self":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/92197","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/comments?post=92197"}],"version-history":[{"count":0,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/posts\/92197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media\/79219"}],"wp:attachment":[{"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/media?parent=92197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/categories?post=92197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/amlak.net.sa\/en\/wp-json\/wp\/v2\/tags?post=92197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}