The Real Estate Transaction Tax (RETT) is a tax imposed at a rate of 5% on real estate transactions. This tax was initially introduced under Royal Order No. (أ/84), dated 14/02/1442 AH, and was implemented according to the provisions of the Implementing Regulation issued by Ministerial Resolution No. (712), dated 15/02/1442 AH. These regulations were later replaced by the Real Estate Transaction Tax Law issued by Royal Decree No. (م/84), dated 19/03/1446 AH, which came into effect on 12 Shawwal 1446 AH, corresponding to 10 April 2025.