The Saudi Cabinet has approved an updated system that will allow non-Saudis to own property in the Kingdom, effective from January 2026.
The new regulations balance foreign investment opportunities with citizen protections through controlled market mechanisms and compliance procedures aimed at maintaining real estate equilibrium.
Property ownership will be permitted in specific geographical zones, particularly Riyadh and Jeddah, while special conditions apply to ownership in Makkah and Madinah.
Implementation guidelines will be published on the Istitlaa platform within 180 days of the law's publication in the official gazette, with full system activation scheduled for January 2026.
The comprehensive regulations will outline acquisition procedures for foreign nationals, enforcement requirements, and detailed application processes that consider both economic and social implications across all sectors.
The new system also aligns with the Premium Residency Programme (Iqama) and the regulation of real estate ownership by Gulf Cooperation Council citizens, which permits cross-border property ownership for investment and residential purposes.
The Saudi market offers compelling investment fundamentals backed by adaptable regulations and profitable opportunities for domestic and international investors, positioning the Kingdom to capitalize on Vision 2030 momentum.
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