
Real Estate Matters
The pace of development and change in real estate issues and matters is known to be fast, based on the regulations, solutions, and innovations witnessed in the Saudi market concerning real estate, real estate development, and other related fields. This underscores the sensitivity of this sector as it is a fundamental part of contractual relationships, whether between real estate companies or financing entities. This requires constantly updating and developing legal services to keep pace with the sector's evolution, which is precisely what our Firm excels at. We provide these advanced services while adhering to applicable regulations, such as the In-Rem Registration System for Real Estate, issued by Royal Decree No. (M/91) dated 19/9/1443H, and Cabinet Resolution No. (537) dated 18/9/1443H, the Expropriation System for Public Utility and Temporary Seizure of Real Estate, Royal Decree No. (M/15) dated 11/3/1424H, and Cabinet Resolution No. 31 dated 5/2/1424H.
Here are some examples of our work:
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Representing a real estate fund regarding a revoked deed in Riyadh valued at four billion riyals. By the grace of God, the deed was corrected, ownership was restored, and the real estate fund was liquidated and sold for five billion riyals.
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Representing a client in the purchase of land valued at SAR 12,000,000 riyals for a contracting company, using the new ownership transfer mechanisms.
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Liquidating an estate that includes real estate both inside and outside the Kingdom of Saudi Arabia, with a total value exceeding 700 million riyals. This included regularizing the legal entities that owned the properties in accordance with the tax systems of the relevant countries.
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Restructuring the ownership of a real estate property by registering it from individual to corporate ownership to comply with a financing agreement that mortgaged the property, valued at over 400 million riyals.
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Drafting contracts for off-plan real estate development in compliance with the requirements of (Wafi) for a residential project in Riyadh with a value exceeding 700 million riyals.
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Drafting a partnership contract between a property owner and a developer for a residential project in the Qassim region valued at 150 million riyals.


