The Real Estate Authority: 185% growth in the associations of owners in the first half of 2025
I announced The General Authority for the Real Estate Achieving growth of 185% in the number of certificates of renewable owners ’associations through the electronic portal during the first half of the year 2025 compared to the same period in 2024, where the number of renewed certificates exceeded 635 certificates, within the framework of the authority’s efforts to enable a sustainable organizational environment that preserves the rights of the owners and the occupants of the common real estate units. "Real estate"In a statement today, Sunday, that indicators of the program "angel" For the first half of this year 2025, 3600 new owners associations of more than 9 thousand real estate units recorded the total accredited associations to 17 thousand associations, with more than 16 thousand members joining the total number of members registered in the portal 160 thousand members, in addition to the registration of 4,000 presidents of the association and more than 1,000 real estate managers. "Angel associations" He exceeded 74,000 operations, including real estate registration and transfer of their ownership, and voting on appointing association heads and managers The real estate , the accreditation of the records of the contributions, the opening of bank accounts, the issuance and renewal of the certificates of associations, in addition to issuing the unified number (700) for registration and adoption of entities, and other services that contribute to the development and organization of the real estate sector." target ="_Blank"> Real estate In accredited owners ’associations, they can document the rental contracts for investing the common parts, after the approval of the investment decision through the association’s members vote through the electronic portal, and then documenting contracts via a platform "rent".
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