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Individual

Real Estate SERVICE
ISSUE RAW LAND SALE - INDIVIDUAL

This service enables the Master, Sub-Developer or Broker to register the sale of raw land in the Economic Cities’ real estate registry, and issue an ownership certificate.

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  • Developer
  • 1% Of the sales value as per the registered Sales and Purchase Agreement or the approved valuation by the Real Estate Department, which is higher
  • Master and/or Sub Developer’s ‘no objection’ certificate.
  • Sales & Purchase Agreement ‘SPA’/ development agreement.
  • Appendix discount (if available).
  • Power of Attorney or a delegation letter in case of third party representative of the current owner.
  • National identification card for the Power of Attorney holder or delegated person.
  • New owner dentification card.
  • Power of Attorney or delegation letter in case of third party representative of the new owner
  • ECA special approval letter to sell raw land.
  • In case of a delegate, a delegation letter should be attested by the Chamber of Commerce and Industry or ECA, as applicable.
  • Provide all original documents for verification. Raw land sale must satisfy sales registration’s urban planning and municipal requirements as per the ‘Rules of Real Estate Sales in the Economic Cities, Chapter 3, Article 12’.
  • Complete the ‘Register Property’ service.
  • Complete the ‘Issue Infrastructure Permit’ service.
  • Complete the ‘Request Local Area Plan Approval’ service.
  • Five working days for complete application that fulfills all terms and conditions.
  • A new ownership certificate package is issued.

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  • Address
  • Bay La San - 7082 Unit 2
  • King Abdullah Economic City 23964 - 2522 KSA

Copyright © ECZA 2017. All rights reserved. Powered by ECZA | Bay La San - 7082 Unit 2 King Abdullah Economic City - 23964 - 2522 KSA

+966 12 610 6700

Copyright © ECZA 2017. All rights reserved. Powered by ECZA | Bay La San - 7082 Unit 2 King Abdullah Economic City - 23964 - 2522 KSA

+966 12 610 6700