Everything you need to know about the real estate indicators platform

Posted on 21 December, 2023 by Micheal Alexander

Based on previous experiences that have proven successful in many countries, the Saudi Ministry of Justice launched the real estate indicators platform, which has become the first and official source for real estate prices in the Kingdom. Buy Apartment in Saudi Arabia

This is in addition to the real estate indicators that the platform displays in the form of detailed drawings and graphs, which in turn serve as a guidance source for those interested in the real estate field.

Therefore, we wanted to highlight the options and services that the platform provides to specialists in the real estate field, or to Saudi citizens. By answering the most important questions asked about the platform in this article.

What is the real estate indicators platform?

It is a digital platform that displays Saudi real estate indicators, whether price or non-price, and this data is updated quarterly. In addition, the platform displays in detail the prices per meter of Saudi land and real estate throughout the Kingdom.

This comes with the option of price comparison between the prices of different neighborhoods in the Kingdom, and comparison between current prices and those of last year, and at the same time the platform provides stock and real estate fund indices, in addition to economic indicators.

On the other hand, the platform offers the option of specifying a specific period of time to know the real estate situation and prices in all districts of the Kingdom, while comparing this information with its counterpart in other regions of the Kingdom. This comes with the option to know the details of real estate deals and what is related to them, which has helped increase the transparency of the real estate market. Buy house in Saudi Arabia

What are the platform's objectives?

The Real Estate Indicators Platform aims to make real estate market information available to everyone, by publishing and updating that information periodically, which helps increase the transparency of the Saudi real estate market.