Money and Business

Launch of the Real Estate Registry Portal: Digital Services for the Business Sector

The Real Estate Registry Company officially announced the launch of the "Real Estate Registry - Business Portal," an advanced digital platform designed to be the premier, comprehensive destination for all real estate services for the business sector. This pivotal step is part of the company's "As'hal" strategy, which actively seeks to enhance the Kingdom's digital infrastructure, achieve sustainable growth, and enable effective partnerships with various stakeholders in the real estate sector.

This step is of paramount importance in the context of the national transformation taking place in the Kingdom of Saudi Arabia, as the real estate sector is one of the main pillars in diversifying non-oil income sources in accordance with the objectives of the Kingdom's Vision 2030. The new portal comes as an extension of the Real Estate Registry's ongoing efforts to innovate digital solutions that serve diverse segments, and specifically aims to expand the scope of services and raise the efficiency of the digital experience for companies, real estate developers, and financing entities, which directly contributes to the digitization of real estate wealth and raises the level of transparency and reliability in real estate data.

A strategic milestone in the transformation process

Commenting on the event, the CEO of the Real Estate Registry, Dr. Mohammed Al-Sulaiman, affirmed that the launch of the portal represents a major milestone within the company's strategic priorities. He noted that the current focus is on developing an integrated digital system for managing real estate assets, with the portal serving as a unified platform offering a seamless and secure user experience. The platform provides business beneficiaries with access to fully automated digital services, enhancing procedural efficiency and accelerating business cycles, which positively impacts the attractiveness of the Kingdom's investment environment.

Al-Sulaiman added: “This portal is perfectly aligned with the ambitions and objectives of the (As’hal) strategy, which focuses on designing customized digital solutions to meet the growing needs of the private sector. We aim to enable establishments to manage their real estate assets, rights, and transactions through a secure and integrated technological environment, supported by innovative services and high-level analytical reports that help in making sound investment decisions.”.

Quality services and expected economic impact

The Real Estate Registry Portal – Business provides a wide range of advanced services, including: real estate rights and transactions management, transaction records, accurate interactive maps, and instant access to official documents. The portal also offers direct API integration with internal systems, account and authorization management, electronic billing and payment services, and dedicated relationship managers to support the needs of each beneficiary.

This launch is expected to have a tangible positive impact on the local economy, as the documentation and digitization of real estate will contribute to reducing property disputes, accelerating financing and investment processes, and attracting foreign capital seeking a transparent and regulated real estate environment. The launch of the portal is a significant step that reinforces the Real Estate Registry's position as a trusted partner in developing an integrated real estate environment that aligns with the Kingdom's aspirations for transparency, efficiency, and sustainability.

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