Saudi Arabia has completed the rollout of its new foreign property ownership framework. Following Cabinet approval of the Executive Regulation and designated ownership zones on 23 June 2026, the Real Estate General Authority (REGA) launched the Saudi Properties portal, enabling eligible non-Saudis to apply for property ownership online.
The framework confirms the areas open to foreign ownership and introduces a clear, standardized application process.
Foreign Ownership Rules Now Fully Implemented
Although the Law of Real Estate Ownership by Non-Saudis came into force in January 2026, many details remained unclear, including which locations were open to foreign ownership and how applications would be processed. With the Executive Regulation now in place, foreign buyers have a clear application process through the Saudi Properties portal, where they can verify eligibility, apply for ownership, and register property online.
Depending on the location and buyer category, non-Saudis may be eligible for full ownership as well as other property rights, including usufruct and easements.
Areas Open to Foreign Buyers
The approved ownership zones include many of Saudi Arabia's largest master-planned developments, giga-projects, and economic zones, including:
- Riyadh: King Abdullah Financial District, Diriyah Gate, New Murabba, Qiddiya, King Salman Park, King Salman International Airport, SEDRA and Sports Boulevard
- Jeddah: Jeddah Central and additional designated development areas
- Giga-projects: NEOM, AMAALA, The Red Sea Project and selected areas of AlUla
- Economic zones: Jazan, Ras Al-Khair and King Abdullah Economic City
The government may expand the list of eligible locations as the framework develops.
Property ownership in Makkah and Madinah remains limited to Saudi companies and Muslim individuals, whether they live inside or outside the Kingdom. Authorities may cancel purchases made using false information, require the property to be sold, and impose fines of up to SAR 10 million.
How Foreign Buyers Can Apply
Before applying, buyers must select a property within an approved ownership zone. Applications are submitted through the Saudi Properties portal, and once approved, the property is registered by REGA, which issues the electronic title deed.
The application process depends on the buyer's residency status:
| Applicant | Application Process |
|---|---|
| Foreign residents (Iqama holders) | Apply directly through the Saudi Properties portal using their residency number. |
| Buyers living outside Saudi Arabia | Obtain a Saudi digital identity through a Saudi embassy or consulate before applying online. |
| Foreign companies | Register with the Ministry of Investment, receive a national unified number, then apply through the portal. |
Foreign buyers are subject to the standard 5% Real Estate Transaction Tax. In addition, sales by non-Saudis are subject to a separate disposal fee, bringing the total transaction cost to around 10% of the property's value.