Prime Highlights
- Saudi Arabia launched Saudi Properties, a national digital platform allowing foreign investors to buy property under the upcoming Non-Saudi Property Ownership Law.
- The move is part of Vision 2030, aiming to boost foreign investment, improve transparency, and position the Kingdom as a regional real estate hub.
Key Facts
- The platform combines property search, eligibility checks, and government approvals into a single online gateway for international buyers.
- The Non-Saudi Property Ownership Law will come into force in January 2026, enabling non-nationals to own property legally in Saudi Arabia.
Background
Saudi Arabia launched a new national digital real estate platform called Saudi Properties, taking a big step to allow foreign investors into the country’s property market.
The platform will act as a single online gateway for non-Saudis to search for properties, check eligibility, submit ownership applications and complete registrations under the upcoming Non-Saudi Property Ownership Law. The law will come into force in January 2026.
Authorities combined browsing, approvals, and government clearances into one system to reduce red tape and make buying real estate faster and easier for international buyers. In the past, foreign investors had to navigate several agencies and unclear rules to access the market.
Officials say the platform forms part of Saudi Arabia’s Vision 2030 programme, which seeks to reduce dependence on oil and boost foreign investment. Allowing non-nationals to own property is a major policy shift after decades of tight controls on ownership.
The government also hopes that the new digital gateway will improve transparency and investor confidence by offering reliable data and clear procedures. Early feedback points to strong interest from global developers and institutional investors looking to enter Saudi Arabia’s fast-growing urban centres.
With large-scale city projects, new business districts, and rising capital market activity, the Kingdom wants to position itself as a leading real estate hub in the Middle East. Analysts say the move could redirect some global property investment that usually flows to cities such as London, New York, and Dubai.
Experts believe the Saudi model may influence other emerging markets to create similar digital platforms. These systems help governments attract foreign money while maintaining strong control over rules.
If Saudi Properties makes access easier and earns trust, it could change real estate investment in the region and help the Kingdom achieve its long-term economic goals.
