Real Estate & Construction

Saudi Arabia’s real estate and construction sector is governed by a combination of Islamic law (Sharia), royal decrees, and regulatory frameworks established by various government bodies. The sector is crucial to the Kingdom’s Vision 2030, which aims to diversify the economy and develop infrastructure.

Key Legal Frameworks

1. Saudi Building Code (SBC)
2. Real Estate Laws
3. Real Estate Ownership Law
4. Mortgage Law
5. Public Procurement Law
6. Labor Law

Key Regulatory Bodies

1. Ministry of Municipal, Rural Affairs and Housing (MOMRAH)
2. Saudi Arabian General Investment Authority (SAGIA)
3. Saudi Real Estate Institute
4. National Housing Company (NHC)

Real Estate and Construction Contracts

1. EPC Contracts
2. FIDIC Contracts

Dispute Resolution

1. Administrative Courts
2. Commercial Courts

Vision 2030 and Sector Developments & Mega Projects

1. NEOM
2. Qiddiya
3. The Red Sea Project