Real Estate

Amid the major economic transformation and mega projects, the Saudi real estate market is witnessing exceptional growth supported by Vision (2030). Legal protection in this sector is not limited to litigation; it begins with rigorous contracts, sound establishment, and fortified relationships.

Establishment

• Establishing real estate entities (development, marketing, property management, and others)
• Drafting partnership contracts
• Organizing the relationship between the foreign investor and the Saudi entity
• Statutory licenses for real estate development or marketing activity
• Reviewing real estate agency and marketing contracts

Ownership and Investment

• Title due diligence before purchase or contracting
• Organizing foreign ownership in accordance with the regulations of the Real Estate General Authority and the Investment Authority
• Preparing sale, purchase, and lease contracts
• Organizing financing contracts
• Managing ownership risks

Development and Construction

• Preparing design, supervision, and contracting contracts according to the "FIDIC" model or the Saudi system
• Drafting infrastructure contracts
• Organizing the rights and obligations of the parties to a real estate project
• Calibrating the rights among developers, suppliers, contractors, and financiers
• Handling project default cases

Property Management and Leasing

• Preparing lease contracts and electronic documentation templates (Ejar)
• Organizing the relationship between the lessor, lessee, and property management
• Protecting properties from harmful use or subleasing