The Ministry of Justice announced the launch of the Real Estate Stock Exchange application on the Apple Store and Google Play, coinciding with the official launch of the Real Estate Stock Exchange by the Minister of Justice, Dr. Walid bin Muhammad Al-Samaani, early last week.
The Ministry of Justice explained that the Real Estate Stock Exchange application comes within its digital channels, which provide judicial services to beneficiaries, through easy electronic procedures around the clock, which reduces time and effort for them.
The Ministry stated that the application allows real estate trading, buying and selling, mortgage and real estate financing services, and also provides multiple options for real estate indicators and inquiries easily and reliably, which enhances flexibility and transparency in the sector.
The real estate stock exchange is a platform for trading real estate, buying and selling, with more services such as mortgages and related matters, updating instruments, as well as merging and sorting services. The stock exchange provides its services around the clock.
During the first week of its launch, the Real Estate Exchange affiliated with the Ministry of Justice witnessed the trading of about 61 million square meters of real estate in various regions of the Kingdom, with the total deals reaching 17 thousand deals with a value exceeding 17 billion riyals.
The number of beneficiaries of the real estate stock exchange services, which were inaugurated early last week by the Minister of Justice, Dr. Walid bin Muhammad Al-Samaani, reached more than 500,000 visitors, according to SPA.
