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HomeBusinessSaudi real estate transactions hit $427bn since brokerage law took effect

Saudi real estate transactions hit $427bn since brokerage law took effect

article author: ARAB NEWS Author: Sun, 2026-07-19 14: 09 RIYADH: Saudi Arabia’s real estate market has recorded SR1. 6 trillion ($426. 6 billion) in transactions over the three years since the Kingdom’s Real Estate Brokerage Law took effect, a senior official said. Speaking at the third Real Estate Brokerage Forum in Riyadh, Tayseer Al-Mufarrej, general manager of strategic communications and official spokesperson for the Real Estate General Authority, said the Kingdom has licensed 117, 691 real estate brokers, who have collectively facilitated more than 1. 11 million brokerage contracts. Main category: Business & Economy Tags: Saudi Arabia real estate Real Estate Brokerage Forum Real Estate Brokerage Law Real Estate General Authority

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