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Saudi Arabia Real Estate Transactions Move to Digital Platform

<span style="font-weight: 400;">A planned digital platform will allow properties to be bought and sold in Saudi Arabia, Saudi Minister of Justice, Walid Al-Samaani told.  It would give investors peace of mind by guaranteeing the accuracy of information about the properties being transacted.</span>

BY Realty Plus
Published - Mar 5, 2021 4:38 AM

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A planned digital platform will allow properties to be bought and sold in Saudi Arabia, Saudi Minister of Justice, Walid Al-Samaani told.  It would give investors peace of mind by guaranteeing the accuracy of information about the properties being transacted. He added that some 10 million real estate ownership documents out of an estimated 100 million had already been digitized as part of the process. Modernizing the real estate sector is a key part of the Kingdom’s efforts to diversify its economy.  

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Tags : INTERNATIONAL Real Estate Saudi Arabia