Real Estate Sector
The real estate sector plays a crucial role in achieving the Kingdom’s Vision 2030, with a focus on increasing investments in both residential and commercial projects, diversifying the real estate supply, and enhancing transparency and professionalism. The vision also promotes sustainable growth through infrastructure development, real estate financing, and the expansion of new cities, all of which aim to improve the quality of life and boost the sector’s contribution to the Kingdom’s GDP
The real estate sector is subject to various regulations, including the Foreign Ownership Law, the Rental Law, building codes, and real estate financing guidelines, as well as new legislation that encourages transparency, documentation, and investment
At DB&CO, we provide specialized legal advice on matters related to property ownership, rental agreements, and real estate financing. We also draft and review contracts, represent clients in resolving real estate disputes, and support the stability of the market, aligning with the broader aspirations of Vision 2030