Economic writer Bandar Al-Jaid revealed that a package of regulatory measures will soon be issued in the city. Riyadh It aims to regulate the relationship between landlords and tenants, while also providing real estate at competitive prices of approximately 1500 riyals, in response to the growing demand in the capital's real estate market.
Unprecedented investment momentum
In an interview with Al-Ekhbariya TV, Al-Jaid explained that Riyadh is currently witnessing a remarkable investment boom, both through the entry of international companies and through massive development and urban projects, in addition to upcoming sporting events.
He pointed out that this movement has significantly increased demand for real estate, which requires a balanced approach by the Ministry of Housing and the private sector to increase supply.
Regulating the rental relationship between landlord and tenant
Al-Jaid emphasized that studying the relationship between landlords and tenants is one of the most important steps currently being undertaken. It aims to create a fairer and more transparent rental environment, while taking into account the variation in fees in accordance with development priorities, thus achieving market balance and enhancing the capital's attractiveness to investors and residents.
Curb real estate speculation
The economic writer explained that the new measures will help curb speculation and monopolistic practices that previously impacted real estate prices and supply. He emphasized that these reforms will help enhance transparency and increase supply in response to high demand, which will reduce inflationary pressures, particularly in rental and real estate prices.
Towards a more stable real estate market
Al-Jaid pointed out that the anticipated steps will not only serve the real estate sector, but will also impact economic development and quality of life in Riyadh, in line with the goals of Saudi Vision 2030, which aims to make the capital one of the top 10 economic cities in the world.
Economic writer Dr. Bandar Al-Jaid: Riyadh continues to attract global investments, and procedures will soon be approved to regulate landlord-tenant relationships, with land prices reaching 1500 riyals.#Today's_program pic.twitter.com/pOsC0Mpxht
— News Programs (@alekhbariyaPROG) August 28, 2025
