Reforms in Real Estate Documentation
Saudi Arabia has announced the transfer of the digital and operational real estate certification services system to the General Authority for недвижимость. This is a strategic step aimed at building a unified and advanced real estate system. The transfer includes relocating the technical infrastructure, staff, and databases to ensure continuity of operations, improve data quality, reduce duplication, and accelerate performance. It is expected that this will enhance market transparency, build trust, and support both local and international investments, with a transition period not exceeding six months to ensure service stability during the interim phase. The goal of this decision is to organize the real estate sector more efficiently, achieve data and service integration, and strengthen the Saudi real estate market's global standing.
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