Real Estate Stock Exchange: 136, 000 transactions since the launch... The largest share is for Riyadh

Real Estate Stock Exchange: 136, 000 transactions since the launch... The largest share is for Riyadh
Real Estate Stock Exchange

During the first week of its launch, the Real Estate Exchange affiliated with the Ministry of Justice in Saudi Arabia witnessed the trading of about 61 million square meters of real estate in various regions of the Kingdom.

  The total number of deals reached 17 thousand deals, with a value exceeding 17 billion riyals ($4.5 billion).

Real estate stock exchange services

The number of beneficiaries of the real estate stock exchange services, which were inaugurated early last week by the Minister of Justice, Dr. Walid bin Muhammad Al-Samaani, reached more than 500,000 visitors.

Real estate trading, buying and selling

The stock exchange provides its services around the clock, the most prominent of which is real estate trading, buying and selling, in addition to sorting and merging services with real estate identity and instrument updating services, in addition to mortgage services and everything related to them.

The Ministry of Justice stated that real estate owners who have not updated their “paper” real estate deeds can benefit from the deed update service provided through the stock exchange, as the updated real estate deed (free of impediments and restrictions) is automatically included among the available properties in the list of real estate offers, and beneficiaries can view on their updated real estate properties when entering real estate inquiries, then selecting owned properties.

Real estate stock exchange

The Real Estate Stock Exchange also provides a set of daily indicators of the value of real estate transactions in the cities and neighborhoods of the Kingdom that are available for trading, as they can be displayed chronologically at the level of the hour, day, week, month, year, or the entire historical period of the transactions since the beginning of their electronic registration.

Steps to inquire about the real estate instrument with the ID number

There is a lot of research on steps to inquire about a real estate deed by ID number, as the Ministry of Justice in the Kingdom of Saudi Arabia has introduced the service of inquiring about real estate deeds electronically through the Real Estate Bourse website.

Steps to inquire about the real estate instrument with the ID number

You can inquire about your real estate instrument electronically by applying a set of simple steps, which are as follows:

Access the official website on the Najez portal from here.

From the main interface, click on the “Electronic Services” menu.

Click on the “Real Estate Deeds Inquiry” service.

Click on the “Submit a new request” tab.

You will go to the official website of the real estate stock exchange, click on the three bars.