#Saudi Arabia #Riyadh #REGA #Saudi Properties

Saudi Arabia Introduces New Property Platform

In a significant move to enhance the real estate sector, the General Authority for Real Estate (REGA) of Saudi Arabia has unveiled a new national platform named 'Saudi Properties'. This initiative precedes the implementation of the groundbreaking law governing real estate ownership for non-Saudis, scheduled to commence in mid-January 2026.

A Closer Look at 'Saudi Properties'

The 'Saudi Properties' brand was first revealed at the recent Cityscape Global exhibition held in Riyadh last November. It aims to serve as the official portal for all real estate transactions involving non-Saudi individuals in the kingdom. This effort marks a pivotal step in bolstering the regulatory framework around property investments, thereby enhancing transparency and reliability in the market.

As part of the new law's rollout, REGA has emphasized the significance of foreign property ownership at the upcoming Real Estate Future Forum, taking place in Riyadh in January. This forum will gather a host of distinguished leaders and experts to discuss emerging trends and promising investment opportunities within Saudi Arabia's real estate sector.

What the Platform Offers

The 'Saudi Properties' platform is designed to facilitate various property-related processes. It encompasses searching for real estate opportunities, connecting with developers, submitting applications, verifying eligibility, and engaging with relevant entities in an integrated ecosystem. This streamlined digital journey provides investors with a reliable and user-friendly experience when purchasing property in the kingdom.

Furthermore, the platform is positioned as a key tool for executing the non-Saudi property ownership law, ensuring seamless transactions on both national and international levels. By doing so, it aims to foster international confidence in Saudi Arabia's real estate landscape, offering a safe and engaging experience for prospective investors and residents alike.

Enhancing the Real Estate Experience

The launch of the 'Saudi Properties' platform is set to not only improve the investment climate but also maintain equilibrium between supply and demand within the real estate market. This will be achieved through the provision of integrated digital services coupled with accurate and timely information, empowering investors to make well-informed and data-driven decisions.

In summary, the introduction of 'Saudi Properties' marks a significant milestone in Saudi Arabia's ambition to position itself as a premier global destination for real estate investment. This initiative embodies a comprehensive national vision aimed at creating a robust property environment that supports economic growth and enhances the quality of life in the kingdom.