19 Hrs
Source:
الاقتصادية
Land Registry to digitize 80% of Saudi properties by 2028
Saudi Arabia intends to digitize 80% of its real estate assets by 2028 through the development of a unified digital land registry that ensures the electronic and reliable registration of property transactions. The land registry has begun implementing procedures in specific areas such as Hail and the Eastern Province, covering transfer of ownership, subdivision, merging, and mortgages, with the aim of enhancing procedural efficiency and standardization. This initiative is part of efforts to develop the real estate sector in collaboration with the Ministry of Justice and the General Authority for Real Estate, following the completion of the necessary legislative and technical frameworks, along with a plan to gradually expand the application to other cities.
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