#Saudi Arabia #Riyadh #REGA #Saudi Properties #Foreign Ownership

Saudi Arabia Opens New Portal for Foreign Real Estate Ownership

On June 23, 2026, the Real Estate General Authority (REGA) of Saudi Arabia announced the launch of the "Saudi Properties" portal, facilitating foreign real estate ownership applications. This launch follows the recent enactment of the Foreign Real Estate Ownership Law, which took effect in January 2026.

The Saudi Properties portal serves as an official digital platform for both domestic and international interested parties to navigate the complexities of property ownership in the Kingdom. The portal allows users to complete various regulatory procedures electronically, streamlining the ownership process. Through this platform, prospective owners can find approved real estate opportunities, validate eligibility criteria, submit applications, and track their status in real-time.

Non-Saudi residents can directly apply using their residency number for verification via the portal. For non-Saudis who do not yet reside in the Kingdom, a digital identity card must be obtained from Saudi diplomatic missions abroad prior to initiating the online application. Furthermore, foreign entities lacking a presence in Saudi Arabia must register through the "Invest Saudi" platform and obtain a national unified number before engaging in property ownership.

One of the notable aspects of this development is that it allows foreign individuals and companies to own properties in various regions of Saudi Arabia, albeit with restrictions in Makkah and Madinah, the two Holy Cities. Ownership in these locations is reserved for Saudi businesses and Muslim individuals, whether they are residents or expatriates.

The regulatory framework developed in conjunction with the launch of the portal is designed to ensure transparency and credibility within the real estate market. By tying real estate opportunities to clear pathways defined by official data sources, the portal aims to encourage high-quality urban growth and enhance the overall experience for beneficiaries.

REGA has emphasized its commitment to the multi-faceted transformation currently underway in Saudi Arabia's real estate sector. This transformation is characterized by significant urban development, the expansion of large-scale projects, and the growth of sectors like tourism, hospitality, and entertainment. Such developments are intended to position Saudi Arabia as an appealing destination for living, working, and investing.

Prospective property owners are encouraged to engage with the Saudi Properties portal to explore their options and take advantage of the streamlined application process. The portal can be accessed at saudiproperties.rega.gov.sa, where comprehensive information regarding property ownership in Saudi Arabia is readily available.

This strategic initiative reflects Saudi Arabia's ongoing efforts to enhance its real estate market while catering to a growing international audience eager to invest in the region. As the Kingdom modernizes its property ownership framework, it simultaneously aims to foster a dynamic and competitive real estate landscape that aligns with its Vision 2030 goals.

As Saudi Arabia solidifies its position as an attractive market for real estate investment, the new portal and its accompanying regulatory framework represent significant strides toward inclusivity and transparency in foreign ownership.