REGA board OKs updates to Owners Association Law

29/12/2025 Argaam
Logo ofThe Real Estate General Authority (REGA)

Logo of The Real Estate General Authority (REGA)

The Real Estate General Authority’s (REGA) board of directors held its 33rd meeting today, Dec. 29, chaired by Minister of Municipalities and Housing Majed Al-Hogail, with the attendance of board members representing government entities and the private sector.

 

The board approved a package of decisions and regulatory measures aimed at raising the maturity and sustainability of the real estate sector and supporting market balance. These included adopting the sandbox regulatory framework to drive innovation in real estate technology, support digital solutions and enhance market efficiency.

 

REGA also gave its nod to updating the Owners Association Law and completing its regulatory procedures, which will improve the quality of life, safeguard the rights of stakeholders, and raise the level of governance in real estate complexes.

 

These decisions stem from a forward-looking approach for the coming year that seeks to further mature the real estate sector through effective governance, innovation and market efficiency.

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