Saudi Announces Major Real Estate Market Platform

Saudi Announces Major Real Estate Market Platform

Saudi Arabia has announced a new real estate website to boost the property sector in the Kingdom. The new platform offers real estate transaction services for investors and portfolio managers in the Kingdom.

Reliable, accurate and up-to-date information about the growing real estate sector in Saudi Arabia can be accessed through the system.

Saudi Justice Minister Walid Al Samaani inaugurated the Real Estate Market platform in Riyadh in the presence of Abdullah Alswaha, the Minister of Communications and Information Technology.

The platform facilitates real estate transactions and provides various e-services for property owners and buyers.

Al Samaani said: “The Real Estate Market aims to enhance customer experience and achieve transparency and reliability in the real estate sector.

“It is part of the Real Estate Wealth Digitisation initiative, which is one of the ministry’s projects under the national transformation program.”

The platform allows users to access reliable information about the value of real estate transactions in any geographical area they choose.

It also enables them to manage their property portfolio and perform subdivision and merger of title deeds using the real estate identity, in cooperation with the Ministry of Municipal and Rural Affairs and the Saudi Central Bank.

To access the platform, users need to visit the website and