Non-Saudi ownership of real estate in Saudi Arabia

The law was designed to balance investment attraction with the protection of citizens’ interests. Foreign ownership is limited to approved geographic zones and is subject to specific regulatory controls and oversight mechanisms intended to maintain market stability and support a balanced relationship between supply and demand.

The law allows ownership of residential, commercial, investment, and other types of real estate, subject to the conditions and requirements specified in the law, implementing regulations, and approved geographic zones.

Key expected benefits include:

• • Attracting additional foreign investment into the Saudi real estate market.
  • Increasing property supply in areas open to foreign ownership.
  • Enhancing the quality and competitiveness of real estate developments.
  • Supporting urban development and encouraging new projects.
  • Contributing to the objectives of Saudi Vision 2030.

Yes. The law allows certain categories of non-Saudis to own real estate, whether they are residents or non-residents, subject to the applicable requirements, property type, and geographic location.

Property ownership in Makkah and Madinah is subject to specific conditions and regulations that reflect the religious significance of both cities. Ownership is governed by the law, implementing regulations, and relevant official decisions.

Yes. The law permits foreign companies, special purpose entities, and qualified investment funds to own real estate in accordance with the applicable regulatory requirements and conditions established for each category.

Permitted ownership zones are determined through official regulations and decisions issued by the competent authorities. Buyers can verify the eligibility of a property and its location through the relevant official channels before completing a transaction.