Saudi Gazette report
RIYADH — The Saudi Actual Property Common Authority (REGA) introduced a 185 % improve within the variety of renewed Homeowners’ Affiliation certificates by means of the digital portal Mullak through the first half of 2025, in comparison with the identical interval in 2024.
The REGA acknowledged that the variety of renewed certificates exceeded 635, as a part of its efforts to allow a sustainable regulatory atmosphere that protects the rights of householders and occupants of joint actual property models.
The authority mentioned that Mullak’s indicators for the primary half of 2025 recorded 3,600 new Homeowners’ Associations, comprising greater than 9,000 listed actual property models, bringing the whole variety of accepted Homeowners’ Associations to 17,000. Greater than 16,000 members joined, bringing the whole variety of registered members on the portal to greater than 160,000.
The REGA famous that the whole variety of transactions executed by means of the portal Mullak have exceeded 74,000. These transactions included property registration and possession switch, voting on the appointment of affiliation presidents and property managers, approving subscription data, opening financial institution accounts, issuing and renewing affiliation certificates, issuing the unified quantity 700 for registering and approving entities, and different companies that contribute to the event and regulation of the true property sector.
It’s noteworthy that property managers in accepted Homeowners’ Associations can doc lease contracts for investing in frequent areas after the funding resolution is accepted by the affiliation members’ vote by way of the digital portal, adopted by documenting the contracts by way of the Ejar platform.
In Saudi Arabia, actual property house owners’ associations, sometimes called Homeowners’ Associations, are entities established by house owners of jointly-owned properties to handle shared areas and services. These associations play a vital position in preserving property rights, organizing facility administration, and fostering a tradition of coexistence amongst residents.
The associations allow the house owners and occupants of actual property models with shared possession to determine an house owners’ affiliation to prepare facility administration companies and customary areas akin to entrances, elevators, and corridors, contributing to rights preservation and correct utilization, and selling a tradition of shared coexistence.
Mullak is a program and digital platform launched by REGA to facilitate the formation and administration of Homeowners Associations for collectively owned properties. It allows house owners and occupants to determine, handle, and work together with their associations, selling organized property administration and a tradition of shared residing.