Real Estate General Authority
Agency overview
Formed2017
JurisdictionSaudi Arabia
HeadquartersRiyadh, Saudi Arabia
Agency executive
Parent departmentMinistry of Housing

The Real Estate General Authority is a Saudi government agency was established in 2017 to regulate rules, stimulate investment and provide consumer protection in the real estate industry in Saudi Arabia.[1][2] The authority is also in charge of enhancing market transparency through publishing real estate market indicators.[3]

Structure

The authority is headquartered in Riyadh, the Saudi capital city and it is financially and administratively independent.[2] The authority is administrated by a board of directors chaired by the Minister of Housing.[4][5]

References

  1. ↑ "Overview of Saudi Real Estate Laws and Practice". Al Tamimi & Company. Retrieved 2019-03-21.
  2. 1 2 "Saudi Real Estate General Authority Aims to Protect, Preserve National Property". Asharq AL-awsat. Retrieved 2019-03-21.
  3. ↑ "Real Estate General Authority". Linkedin. Retrieved 21 March 2019.
  4. ↑ "The Real Estate General Authority launches its website and its "Twitter"account . | Ministry of Housing". www.housing.gov.sa. Retrieved 2019-03-21.
  5. ↑ "FaceOf: Majid Al-Hogail, Saudi Arabia's minister of housing". Arab News. 2019-03-19. Retrieved 2019-03-21.



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