Saudi Arabia to Launch Over Half a Million New Housing Units by 2030

Saudi Arabia has unveiled plans to introduce more than half a million new housing units by 2030, following recent legal reforms aimed at restructuring the real estate sector, Invest-Gate reports.

Investment Real Estate Represents 40% of Public Auctions in Saudi Arabia in 2023

In 2023, the enforcement courts in Saudi Arabia conducted approximately 4,000 public auctions, averaging around 11 auctions per day, Invest-Gate reports.

Saudi Real Estate General Authority Grants Licenses to 28 Electronic Real Estate Platforms

The Saudi Real Estate General Authority has granted licenses to 28 electronic real estate platforms under the FAL Real Estate Brokerage and Marketing License, Invest-Gate reports.

Saudi Real Estate General Authority Reports Over 1 Mn Transactions on Mollak Platform in 2023

The Saudi Real Estate General Authority has announced that the Mollak electronic platform has achieved a significant milestone, recording over a million transactions and services since its inception, Invest-Gate r ...

Saudi Real Estate Authority Calls for Property Registration in Major Cities

The General Real Estate Authority urged property owners across 48 neighbourhoods in Riyadh, Dammam, and Medina to register their properties in the Real Estate Registry from today until the end of March 28, 2024, I ...

Infath to Hold 29 Auctions for 242 Properties Across Saudi Arabia

The Saudi Entrustment and Liquidation Center (Infath) has announced the commencement of 29 public auctions, scheduled from December 21 to December 31, Invest-Gate reports.

Infath to Hold 21 Auctions for 165 Properties Across Saudi Arabia

The Saudi Entrustment and Liquidation Center (Infath) has announced the organization of 21 public auctions scheduled to take place from the 11th to the 20th of December, Invest-Gate reports.

Saudi Real Estate Prices Experience Slight Increase in Q2 2023

Real estate prices in Saudi Arabia rose slightly in the second quarter of this year, Invest-Gate reports.

Saudi Real Estate Market Improves in 2022

Data by CBRE shows that the volume of residential transactions in Saudi Arabia fall by 24.5% YoY during 2022, reaching a net value of SAR 126.5 bn.

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