Real state Expropriation for Public Benefit Law has been approved by the Saudi Council of Ministers, marking a major update that also regulates the temporary possession of properties. This new legislation replaces the 2003 framework and aims to reinforce governance and transparency in expropriation procedures.
It ensures fair and just compensation for property owners, protects public funds, and promotes sustainable development, under the supervision of the Ministry of Municipal and Rural Affairs and Housing (MOMRAH) and in coordination with General Authority for State Real Estate (GASRE).
Real state Expropriation for Public Benefit law
The Saudi Council of Ministers has approved the Law of Real Estate Expropriation for Public Benefit, which also regulates the temporary possession of properties.
The new legislation replaces the previous framework issued in 2003, which addressed expropriation for public projects, compensation for portions of land allocated to major road networks, and the establishment of committees to assess
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compensation for expropriated or affected properties, along with rules for temporary possession.
According to Finance Minister Mohammed Al-Jadaan, in a statement on “X,” the updated Real Estate Expropriation for Public Benefit Law aims to enhance governance and transparency in expropriation procedures, ensure fair and equitable compensation, safeguard public funds, and promote sustainable development.
The law is being implemented under the oversight of the Ministry of Municipal and Rural Affairs and Housing (MOMRAH), in coordination with the General Authority for State Real Estate (GASRE).
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Conclusion
Law of ٌReal state Expropriation for Public Benefit reflects Saudi Arabia’s commitment to fairness, transparency, and sustainable development in managing property rights. At Etqan Law Firm, we provide expert legal insights and tailored advice on how this law impacts property owners and investors. With our guidance, clients can navigate expropriation procedures confidently while ensuring their rights and interests remain fully protected.
The Etqan Al Mutamayza Law Firm is ready to provide the essential support you need. You can reach their team at the following mobile numbers: +96656113776, +966541110440, +966504315333.
Additionally, feel free to visit our branches located at:
- Jeddah: Al-Aziziyah District, Mohammed bin Abdulaziz Street (Tahlia)
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