On June 23, 2026, the Real Estate General Authority (REGA) in Riyadh, Saudi Arabia, announced the launch of a new portal dedicated to foreign real estate ownership. This portal, known as “Saudi Properties,” is part of the recently enacted Foreign Real Estate Ownership Law, which officially came into effect earlier this year in January. With this new initiative, the Kingdom aims to streamline the process of property acquisition for non-Saudis, enhancing transparency and accessibility in the real estate market.
The “Saudi Properties” Portal: A Gateway to Ownership
The newly established “Saudi Properties” portal allows both residents and non-residents to initiate their property ownership journey through a fully digital platform. This user-friendly interface is designed to facilitate the entire application process, from verification of eligibility to submission and tracking of applications. The services available include detailed information on approved real estate opportunities, eligibility criteria, and various ownership pathways, making it simpler for international investors to navigate the Saudi real estate landscape.
Application Process for Non-Saudi Residents
Non-Saudi residents in the Kingdom can conveniently apply through the portal using their residency numbers. The system employs automation to verify their eligibility and ensure a smooth completion of the ownership procedures. For those without prior residency in Saudi Arabia, obtaining a digital identity card from Saudi missions abroad is the first step. Additionally, foreign companies looking to establish a presence in Saudi Arabia must register with the Ministry of Investment through the “Invest Saudi” platform before initiating their ownership application.
Ownership Regulations in Saudi Arabia
The framework established by REGA allows non-Saudi individuals and corporations to acquire properties in various regions across Saudi Arabia. However, ownership within the cities of Makkah and Madinah remains restricted, as only Saudi nationals and Muslims from around the world can hold property in these sacred grounds. This regulatory structure is crafted to maintain the integrity and sanctity of these Holy Cities while enabling broader investment opportunities elsewhere in the Kingdom.
Impact on Saudi Arabia’s Real Estate Market
The launch of the “Saudi Properties” portal coincides with a transformative period in Saudi Arabia’s real estate sector. The Kingdom is experiencing significant urban development, bolstered by major projects and sector-wide advancements. This new digital platform represents an effort to boost investor confidence and attract foreign investment, enhancing the overall market environment. By linking real estate opportunities to structured pathways and reliable data sources, the portal aims to elevate the quality of urban life while supporting sustainable growth.
In summary, the introduction of the “Saudi Properties” portal marks a significant step toward increasing foreign investment in Saudi Arabia’s real estate market. As the Kingdom embraces modernization and transparency, prospective property owners are encouraged to explore this innovative platform to discover the various opportunities available to them. For more information, interested individuals can visit the official portal at saudiproperties.rega.gov.sa.