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Municipal properties are leased through public competition, direct leasing, or open public bidding, in accordance with the Municipal Properties Disposal Regulation issued under Royal Decree No. 40152, dated 29/6/1441 H, and the associated instructions, guidelines, and directives.

Municipalities invest their properties to utilize and operate municipal real estate, preserve and develop these assets, and benefit from their financial returns in providing and enhancing municipal services. This also aims to open new investment avenues, promote urban development, provide strategic and developmental investment opportunities for the region, and foster active partnerships with the private sector in municipal investments, while removing obstacles to attract investors seeking the most viable and economically beneficial opportunities from within and outside the region.

Municipal properties eligible for investment include land, buildings, streets, roads, parks, public squares, properties designated for public facilities or services, surplus grant areas, surplus planning areas, coastal beaches, and any other properties owned by the municipality or in which the municipality holds usufruct rights.

Offering entities launch investment opportunities in activities that align with the interests of various investor segments. These opportunities vary in type, size, and scope, providing a wide range of options for different investment preferences.

The Envelope Opening Committee analyzes the bids submitted by investors and verifies their compliance with the competition requirements. The bids are then referred to the Investment Committee for a decision on award, negotiation, or cancellation, in accordance with the approved regulations.

The Investment Services Specialist may initiate the site handover process after the investor has paid the first year's rental value. This is done through the Site Handover service by setting the handover date and conducting the site visit.

Employees can check the status of their transactions through the "My Transactions" screen.