‎Saudi Arabia officially launches real estate market today

‎Saudi Arabia officially launches real estate market today

Saudi Arabia will officially launch the Real Estate Market today, August 27 in a ceremony by the Ministry of Justice.

The Ministry launched in November 2021 the trial operations of the real estate market including direct transactions, real estate bids, new deals, information on sukuk and mortgages, Argaam reported.

The real estate markets have a key role in monitoring as well as regulating market transactions in addition to preventing any manipulation or price volatility.