The General Authority for Real Estate announces the approaching end of the deadline
The General Authority for Real Estate in Saudi Arabia announced the approaching deadline for the initial registration of over 148,432 properties in specific areas and neighborhoods of Riyadh and Hail. The Authority urged property owners in these areas to register their properties before the deadline of next Thursday to avoid fines and benefit from the advantages offered by the new system.
General context: The shift towards a real estate registry as part of Vision 2030
This measure comes as part of the comprehensive national transformation plan aimed at modernizing the regulatory infrastructure of the real estate sector in the Kingdom, in line with the objectives of Vision 2030. The new real estate registration system represents a significant shift from the previous system (personal registration), which relied on documenting transactions in the owner's name, to a modern system that focuses on the property itself as the primary registration unit. This transformation aims to create an accurate and reliable geographic database of real estate assets, thereby enhancing transparency, significantly reducing real estate disputes, and providing a safe and attractive investment environment.
The importance of real-world registration and its expected impact
The importance of real estate registration lies in the fact that it grants the title deed absolute legal validity, meaning it becomes conclusive proof of ownership and cannot be challenged, thus providing strong legal protection for property owners. Locally, implementing the system will facilitate real estate sales, purchases, and mortgages, and increase trust among market participants. Regionally and internationally, this development enhances the Kingdom's position as a leading investment destination, as it reassures foreign and domestic investors that there is a real estate registration system that meets the highest global standards, thereby improving the Kingdom's ranking in ease of doing business and property rights protection indices.
Details of the neighborhoods covered by the decision
The authority clarified that registration will end in the following neighborhoods:
Neighborhoods of Hail city:
- Durrat Al Wadi, Al Shuruq, Al Nassiyah, Al Suwaifilah, Safana, Murayfiq, Granada, Al Nakheel, Al Anwar, Al Muruj, Sharaf, Qurtuba, Al Rihab, Jawharat Al Wasita, Al Khaleej, Al Majd, Al Aziziyah.
- Andalusia, Madain, Maghida, Al Buhaira, Al Wadi, Sababa, Qifar, Al Bawadi, Sana’iyat Al Taqaddum, Al Qadisiyah, Al Mursalat, Seville, Al Wasita, Al Zubara, Qasr Al Ashrawat, Leptis Magna, Al Salam, Al Ghadir, Al Fayha.
- Sadyan, Anqa, Hadri Al Bilad, Mishar, Samah, Al Buzai’i, King Abdullah, Al Sahab, Al Furusiyah, Al Rawasi, Al Yamamah, Al Fajr, A’arif, Al Ulya, Al Wafa, Al Kawthar, Al Mazbar, Luluat Qifar, Naqbin, Al Narjis, Hail Airport, Saniyat Al Nahda, Al Jabal, Durrat Mishar, Al Naqra.
- Prosperity, Cooperation, Al Rabwa, Al Samra, Arkan, Al Yasmin, Al Tilal, Al Khuzama, Al Wadi, Industrial City, Al Masif, Al Zahra, Al Shifa, Uqda, Al Jami’a, Al Ra’ila, Pearl of Khuzama, Salah Al Din, Al Mamlaka, Aja, Al Atheer, Al Rasf, Al Manar, Al Rayyan, King Fahd Suburb.
- Al-Ward, Al-Jami’een, Bada’i’ Marifq, Hattin, Al-Laqita, Al-Jathamiya, Al-Zuhur, Al-Khamashiya, Al-Na’am, Al-Nafl, Al-Rimal, Al-Bazmin, Al-Matar, Ghayadh, Al-Maghwat, Barzan, and Al-Qayrawan.
Neighborhoods of Al-Rayn Governorate (Riyadh Region):
- One, Al-Nasifah, Al-Rawamah, Al-Bada’i, Al-Qama, Al-Rayn Al-A’la, Al-Huwaymil, Al-Yamamah, Al-Qadisiyah, Al-Nur, Al-Rafi’ah, and Al-Rafa’i.
A call for initiative and the consequences of delay
The authority reiterated its call for property owners within these neighborhoods to register their properties through the electronic "Real Estate Registry" platform. It emphasized that failure to register within the specified timeframe will subject owners to financial penalties as stipulated by the regulations. Upon registration, a property number and an updated title deed will be issued for each property unit, containing accurate data on its geographical location, description, and legal status, serving as a reliable basis for all future real estate transactions.
