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Saudi Arabia lifts ban on land sales in AlUla to open real estate investment

Saudi Arabia has lifted the moratorium on land sales and related real estate transactions in central and southern AlUla, marking a major milestone in the region’s long-term development and opening up new opportunities for urban investment and sustainable economic growth.

This decision was announced by the Royal Commission for AlUla (RCU) and emphasizes its goal of putting people at the heart of development, while carefully balancing economic progress and the protection of AlUla’s cultural and natural heritage.

The RCU said the lifting of the moratorium supports the creation of an attractive and well-managed real estate, in line with the aspirations of Saudi Vision 2030.

Saudi real estate investment in AlUla

This step enables residents and investors to fully participate in the development of AlUla’s real estate market, in collaboration with relevant government partners, and shows growing confidence in the maturity of the regional planning and regulatory framework.

Under the new decision, property owners and investors can complete sales, purchases and title updates through the Real Estate Market Platform.

The RCU said the move is expected to stimulate the real estate market, improve the balance of demand, support market stability and diversify residential and commercial offerings across AlUla.

The RCU noted that people seeking building permits can apply through its official website, where approved guidelines for land use and building designs can be found.

These guidelines are designed to ensure that new developments respect AlUla’s heritage, landscape and architectural identity, while maintaining high standards of beauty.

Royal Commission for AlUla

Since its inception, RCU has followed AlUla’s integrated development model that focuses on its rich history while preparing the region for future growth.

This includes the development of major tourism assets, comprehensive urban planning and the delivery of critical infrastructure across transport, energy, water, communications and public services.

Along with the reopening of the real estate market, RCU continues to develop public services and infrastructure in line with the AlUla Vision to support population growth and improve quality of life.

Ongoing projects include the expansion of the road network, the development of electricity and water systems, the establishment of new power stations and the development of five strategic reservoirs. Developments are underway at AlUla International Airport, as well as health care improvements at Prince Abdul Mohsen General Hospital and many local clinics.

AlUla masterplan

The announcement builds on momentum from RCU’s second major initiative, Path to Prosperity, launched in August 2023.

This is in line with the first master plan, Journey Through Time, which was launched in April 2021, together they form an integrated road for economic, social, cultural and urban development in the center and south of AlUla.

The second masterplan focuses on defining an architectural identity that combines authenticity and modern living, strengthening AlUla’s position as a global destination for culture, heritage and nature, while expanding opportunities for residents and supporting private sector investment.

RCU said the proposed suspension reflects the maturity of AlUla’s ecosystem of development and planning, built on years of foundation and community involvement.

This initiative represents a renewed step towards holistic, sustainable development based on partnership with residents.

The commission added that the decision is expected to stimulate the local economy and strengthen AlUla’s position as a compelling place to live, work and visit.

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