Set up for property rules in Riyadh
Off-plan sales in Riyadh fall under the Wafi programme, so RealMake keeps a separate escrow ledger per project and ties each withdrawal to approved works. Brokers and advertisers need a FAL licence from the Real Estate General Authority, and that number sits on every agent and listing record. Leases for retained units are registered on Ejar. Sales invoices apply 15% VAT where due and carry the Arabic fields ZATCA requires. If your group passed SAR 187,500 in VAT-subject revenue in any year from 2022 to 2025, wave 25 sets a FATOORA phase 2 deadline of 1 February 2027.