Strategic Framework of the Real Estate General Authority

The real estate sector is regarded as one of the Kingdom’s most significant economic sectors, contributing substantially to sustainable development and economic growth. The sector plays a pivotal role in providing the infrastructure required to support various economic and social activities, thereby enhancing the quality of life across all regions, cities, and governorates of the Kingdom, while also creating new employment opportunities. In recent years, the real estate sector has experienced notable developments because of the issuance of laws and regulations aimed at enhancing transparency and efficiency within the real estate market. These legislative measures have contributed to attracting both domestic and foreign investments, leading to increased real estate activity and the achievement of sustainable growth. The Real Estate General Authority, in its capacity as the regulator and supervisor of non-governmental real estate sector activities, is committed to developing the sector and enhancing its efficiency in a manner that ensures compliance with the applicable laws, regulations, bylaws, and standards. This is accomplished through the adoption of international best practices and the formulation of policies that strengthen the stability of the real estate sector while safeguarding the rights of stakeholders, practitioners, and investors alike.
Vision

To make the Saudi Real Estate Sector a vibrant, attractive Sector, and characterized by confidence and innovations.

Strategic Pillars

Objectives 

Priorities

Sector Governance
An Organized Real Estate Sector.
Proposing laws and legislations, and issuing regulations and policies.
Developing governance models and establishing effective communication plans.
Improving oversight mechanisms.
Empowerment and Sustainability
A Transparent and Sustainable Real Estate Sector.
Enhancing transparency in the real estate market.
Improving the structure of fees and taxes.
Building and developing human capital in the real estate sector and improving the efficiency of services provided by the sector.
Establishing procedures to ensure the sustainability of real estate assets.
Market Efficiency
A Vibrant and Attractive Sector that gives Confidence to those involved.
Registration of lands and real estate properties.
Facilitating real estate ownership for non-Saudis.
Enforcing real estate laws and regulations.
Partners Service
Provide Partners with state-of-the-art services and foster relations between investors and beneficiaries.
Improving real estate dispute resolution mechanisms.
Developing real estate marketing and sales programs.
Improving land and real estate property registration procedures.
Enhancing the reliability of real estate transactions.
Developing services provided to licensed practitioners, citizens, investors, developers, and real estate service providers.

Srategy Archive

Comprehensive Strategy for the Real Estate Sector
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