Zakati Zakat & Tax Consulting Co.
Request a proposalالعربية
Home / Services / Real Estate Development
Real Estate Development

Real Estate Transaction Tax (RETT)

Assessing whether a property transaction is subject to RETT at the standard 5% rate or qualifies for a statutory exemption, reviewing deals and contracts before execution, and assessing the impact of the new implementing regulations effective 10 April 2025.

Who it is for

Developers, real estate funds, investors and companies selling or transferring property.

What it covers

  • Taxability and exemptions
  • Pre-transaction deal and contract review
  • Impact of the new regulations and transitional rules
  • Interaction with VAT and zakat

What you receive

  • An opinion on taxability or exemption
  • A review of the contract and deal structure
  • An alignment plan for the new regulations

How we work

  1. Understand — We start with your business, structure and filing history.
  2. Analyse — We reconcile the financial statements and identify risks before any figure is filed.
  3. Deliver — We prepare, review and file on time, with a documented supporting file.
  4. Follow through — We handle queries and assessments until the year is fully closed.

Frequently asked

What is the RETT rate?

The standard rate is 5% of the transaction value, unless a statutory exemption applies.

Does RETT overlap with VAT?

Real estate supplies are generally subject to RETT rather than VAT, but details vary by transaction and need review.

Zakati is an independent private advisory firm and is not affiliated with the Zakat, Tax and Customs Authority (ZATCA) or its “Zakaty” app. Published content is general guidance and does not constitute professional advice on any specific matter.

How can we help?

Choose the route that suits your need, and a specialist advisor will take it from there.

Speak to an advisorYou have a question about your company’s position or would like us to call you.Get in touch Request a proposalSelect the services you need and receive a written proposal with scope and fees.Request yours Initial consultationA general zakat or tax question, answered by email within two working days.Ask your question