Everything you need to know... before you start your real estate journey.
General Questions About the Saudi Real Estate Market
Yes, there is a contract that contains obligatory clauses that all concerned parties must adhere to, including brokers, based on Cabinet Decision No. 405, dated 22-9-1437 H.
Yes, foreigners can buy property in Saudi Arabia, including Riyadh, but there are certain restrictions and requirements to meet.
"Wafi" is the authorized entity responsible for issuing licenses for the sale of off-plan real estate units in the Kingdom of Saudi Arabia. It also issues registration certificates in the registry ..
The average rental cost of a home in Riyadh hovers around 40,000 SAR, according to the data from the second quarter of 2023.
The home buying process in Riyadh can take anywhere from a few weeks to a few months, depending on various factors like mortgage approval and property inspections.
Of course, it is. According to the Royal Decree No. (M/130), overseen by the General Authority for Real Estate, the Authority guarantees enhancing the real estate market, protecting beneficiaries,
yes
Riyadh – Al sahafah
Dar Al Ezz
king Khaled airport – Riyadh Park Mall – king saud university – king fahad road
Warranty period for construction works, including foundations, concrete, and insulation: ten years from the date of unit delivery. Warranty period for mechanical and electrical installations: one year from the date of unit delivery. Warranty for common areas: one year under the developer, after which it becomes the responsibility of the Owners’ Association.
23
41
yes
After paying a commission and down payment.
No
0.05
on the handover date
Contract and and payment voucher
yes if he has a valid residency visa or commercial registration.
Maximum 2 person.
Yes changes are not possible once the contract is signed.
ID number-National Address-Booking Receipt-Email-Mobile number
The Booking Deposit is strictly NON-REFUNDABLE.
it is determined by the stages of completion.
We are following WAFY contract conditions
yes
Riyadh – Al-Sahafa King Fahd Rd
Jawar Real Estate Development
Financial District – Dr. Sulaiman Al Habib Hospital, Al Shabab Saudi Club
Modern Urban Development Consulting – Riyadh
7,000 SAR per year, provided that the total does not exceed 5% of the contract amount.
Plumbing, sanitary fixtures (Grohe), air conditioning (concealed), paint type: local paint or its equivalent.
Floor finishes: non-slip ceramic or porcelain; wall finishes: gypsum board panels with heat- and moisture-resistant paints; doors: wood.
No
No
Started Already
2028-12-01
The warranty period for construction works, including foundations, concrete, and insulation, is ten years from the date of unit handover. The warranty period for mechanical and electrical installations is one year from the date of unit handover. The warranty period for common areas follows the warranty duration of the installations.
27
61
The affiliated facilities are: a fully equipped gym, a shared outdoor swimming pool, covered parking, and outdoor seating and gardens.
48
Land area: 900 m², building area: 14,005.3 m²
yes
2, Yes
There is a maid’s room, and there is no driver’s room
After paying the commission and the down payment.
No
15%
on the handover date
Contract and and payment voucher
yes if he has a valid residency visa or commercial registration.
Maximum 2 person.
Yes changes are not possible once the contract is signed.
ID number-National Address-Booking Receipt-Email-Mobile number
The Booking Deposit is strictly NON-REFUNDABLE.
it is determined by the stages of completion.
We are following WAFY contract conditions
yes
Riyadh – Al Sahafa
Esnam
hospital - school
Warranty period for construction works, including foundations, concrete, and insulation: 10 years from the date of completion of works provided by the contractor.
Warranty period for mechanical and electrical installations: one year from the date of unit delivery.
Warranty for common areas: one year free from the date of unit delivery, with the value of subsequent years to be determined by the Owners’ Association, not exceeding 2% of the contract value or as agreed upon with the owner.
21
38
Maximum 2 person.
Yes changes are not possible once the contract is signed.
ID number-National Address-Booking Receipt-Email-Mobile number
The Booking Deposit is strictly NON-REFUNDABLE.
Riyadh – Al Yarmouk
Masaken Al-Fawaz Development and Investment Company
: metro – aldmam road – aldamam ring road
1
8
yes
it is determined by the stages of completion.
We are following WAFY contract conditions
yes
Riyadh – Al Narjis
Abdulaziz Mohammed bin Saeed
4
61
After paying a commission and down payment.
No
5%
on the handover date
Contract and and payment voucher
yes if he has a valid residency visa or commercial registration.
Maximum 2 person.
Yes changes are not possible once the contract is signed.
ID number-National Address-Booking Receipt-Email-Mobile number
The Booking Deposit is strictly NON-REFUNDABLE.
yes
Riyadh – Al Munisiyah
Tharwah real estate
The warranty period for construction works, including foundations, concrete, and insulation, is ten years from the date of unit delivery. delivery. The warranty for common areas follows the same duration as the installations. Unit maintenance for the first year is free through the developer, after which maintenance becomes the responsibility of the Owners’ Association.
4
11
yes
After paying a commission and down payment.
No
5%
on the handover date
Contract and and payment voucher
yes if he has a valid residency visa or commercial registration.
Maximum 2 person.
Yes changes are not possible once the contract is signed.
ID number-National Address-Booking Receipt-Email-Mobile number
The Booking Deposit is strictly NON-REFUNDABLE.
yes
Riyadh – – dahrat laban
Sulaiman Ibrahim Al-Sallal
4
14
yes
After paying a commission and down payment.
No
15%
on the handover date
Contract and and payment voucher
yes if he has a valid residency visa or commercial registration.
Maximum 2 person.
Yes changes are not possible once the contract is signed.
ID number-National Address-Booking Receipt-Email-Mobile number
The Booking Deposit is strictly NON-REFUNDABLE.
yes
Olaya district - King Fahd Road
4D International Trading Company
Front of kingdom Tower
The first and second year are free, and they are determined by Owners' Union Interest
: Paint: Jotun, air conditioning: split or concealed for the room and Living room, and for the kitchen there is a cassette
yes
Started Already
15 /08/2027
The warranty period for construction works, including foundations, concrete, and insulation, is ten years from the date of unit delivery. delivery. The warranty for common areas follows the same duration as the installations. Unit maintenance for the first year is free through the developer, after which maintenance becomes the responsibility of the Owners’ Association.
22
3 basements, with one parking space per unit
Swimming pool, Playground, Children's play area Gym, Reception area, Nursery, Elevators Fire suppression and alarm system, Waste disposal facility
97
Area land: 1600Meter Built-up area: 14032.47Meter
yes
3 elevators
No
After paying the commission and the down payment
yes
15%
on the handover date
Contract and and payment voucher
yes if he has a valid residency visa or commercial registration.
Maximum 2 person.
Yes changes are not possible once the contract is signed.
ID number-National Address-Booking Receipt-Email-Mobile number
The Booking Deposit is strictly NON-REFUNDABLE.
After paying 40% of the unit value
From 200k – 300k
yes
Riyadh – sahafah
Nasaq Real Estate Development and Investment Company
Alei Al Qemma Real Estate
The warranty period for construction works, including foundations, concrete, and insulation, is ten years from the date of unit delivery. The warranty for mechanical and electrical installations is one year from the date of unit delivery. The warranty for common areas follows the same duration as the installations. Unit maintenance for the first year is free through the developer, after which maintenance becomes the responsibility of the Owners’ Association.
29
76
76
yes
After paying a commission and down payment.
No
15%
on the handover date
Contract and and payment voucher
yes if he has a valid residency visa or commercial registration.
Maximum 2 person.
Yes changes are not possible once the contract is signed.
ID number-National Address-Booking Receipt-Email-Mobile number
The Booking Deposit is strictly NON-REFUNDABLE.
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