The Saudi real estate market is witnessing radical transformations that highlight the level of maturity the sector has reached. One of the most notable changes is the recent announcement by the General Authority for Real Estate regarding a 185% growth in property Mullak association certificates during the first half of 2025 compared to the same period last year.
This figure is not just a passing statistic; it is a strong indicator of a new awareness emerging in the management of residential communities, laying the groundwork for a different phase in the life of modern neighborhoods in Riyadh and beyond.
What are Mullak associations?
The Owners’ Association is an official entity that includes the owners of units or land in a single project or residential neighborhood. Its goal is to organize the management of shared facilities and ensure that all owners benefit from services in a fair and transparent manner.
Duties of Mullak Associations
- Managing shared facilities such as parks, walkways, parking areas, and recreational spaces.
- Overseeing routine maintenance of buildings and infrastructure to preserve neighborhood value.
- Setting internal bylaws that govern relations between residents (e.g., facility hours or quiet-hours rules).
- Protecting real estate investments by preventing disorder and keeping the neighborhood organized and attractive to residents and investors.
- Voting on key decisions such as appointing the association’s chairperson or approving investment contracts.
Why do they matter to buyers and investors?
- They mean a higher quality of life for residents thanks to proper organization and ongoing maintenance.
- They help properties retain value over time because orderly neighborhoods attract new buyers.
- They give owners a collective voice to manage the community, rather than relying solely on the developer or operating company.
2025 Statistics: Unprecedented Growth in Mullak Associations
The Real Estate General Authority announced new statistics regarding Mullak Associations for the first half of 2025. In summary:
- A 185% increase in renewed Mullak certificates in H1 2025.
- Renewed certificates exceeded 635, supporting the rights of owners and occupants of shared properties.
- Mullak indicators recorded 3,600 new associations and 9,000 real estate units, bringing the total to 17,000 associations.
- Over 16,000 members joined the Mullak portal, with 4,000 association chairs and 1,000 property managers registered.
- Transactions completed through the Mullak portal surpassed 74,000, including registration, title transfers, and voting.
- Property managers can document lease contracts after the association approves an investment decision via the online portal.
What do these numbers tell us about the future of residential neighborhoods?
The sharp growth in Mullak Associations isn’t just a numerical milestone—it’s a clear sign that Saudi Arabia’s real estate market is entering a more mature and organized phase.
Instead of the developer alone remaining responsible for project management, owners themselves now play an active role in shaping the neighborhood, maintaining it, and safeguarding its quality.
This means new neighborhoods in Riyadh won’t be merely adjacent buildings, but integrated communities where residents live within a clear regulatory framework that guarantees their rights and elevates day-to-day services.
Thimarya and the Vision of Modern Communities
At Thimarya, we see this shift as an opportunity to reinforce our vision of developing real estate projects centered on integrated communities—not just construction.
For example, Al-Maha Masterplan, with its modern districts and comprehensive services, offers an ideal environment where Mullak Associations can thrive and play their role in facility management and asset maintenance.
The Al-Bateel Masterplan likewise reflects this philosophy, aiming to create a well-organized urban neighborhood managed by its residents and benefiting from advanced infrastructure.
And because Thimarya starts from the ground up—literally—shaping the contours of residential growth in line with the latest visions and trends, projects like Al-Maha and Al-Bateel embody this direction clearly. They are not only urban neighborhoods but holistic urban zones capable of accommodating tens of thousands of families, where Mullak Associations have a pivotal role in managing facilities and ensuring their sustainability.
Thus, a buyer or investor in Thimarya’s projects becomes part of a larger vision: an organized community, high-quality services, and an investment that preserves its value over the long term.
The Future Starts Here
The unprecedented 185% growth in Mullak Associations shows that the Saudi real estate market is entering a new era defined by organized communities and sustainable quality of life.
With its modern vision and projects in West Riyadh, Thimarya serves this transformation by offering investment opportunities that give you more than mere ownership… they offer a complete future to live and invest in.
✨ Discover Thimarya’s projects today and be part of a community that places quality of life and investment sustainability at the heart of its vision.